OGE Energy (STU:OG5) Accounts Payable & Accrued Expense : €350 Mil (As of Mar. 2024)

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What is OGE Energy Accounts Payable & Accrued Expense?

OGE Energy's quarterly accounts payable & accrued expense declined from Sep. 2023 (€465 Mil) to Dec. 2023 (€427 Mil) and declined from Dec. 2023 (€427 Mil) to Mar. 2024 (€350 Mil).

OGE Energy's annual accounts payable & accrued expense increased from Dec. 2021 (€398 Mil) to Dec. 2022 (€592 Mil) but then declined from Dec. 2022 (€592 Mil) to Dec. 2023 (€427 Mil).

OGE Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for OGE Energy's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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OGE Energy Accounts Payable & Accrued Expense Chart

OGE Energy Annual Data

Trend

Dec14

Dec15

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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317.07

351.73

398.07

591.79

426.59

OGE Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															462.33	485.04	464.57	426.59	349.88

OGE Energy Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

OGE Energy (STU:OG5) Business Description

Industry

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Traded in Other Exchanges

OGE:USA

Address

321 North Harvey, P.O. Box 321, Oklahoma, OK, USA, 73101-0321

Website

https://www.ogeenergy.com

OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility with electricity generation, transmission, and distribution to 900,000 customers in Oklahoma and western Arkansas. In December 2021, OGE divested its 25.5% stake in Enable Midstream Partners, an oil and gas services company it created in 2013 through a unit exchange merger with Energy Transfer. OGE sold its 95.4 million limited partner units of Energy Transfer throughout 2022. OGE sold is retail gas business in 1928 and no longer has any gas operations.

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