Algonquin Power & Utilities (TSX:AQN) Accounts Payable & Accrued Expense : C$1,047 Mil (As of Mar. 2024)

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What is Algonquin Power & Utilities Accounts Payable & Accrued Expense?

Algonquin Power & Utilities's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$977 Mil) to Dec. 2023 (C$1,127 Mil) but then declined from Dec. 2023 (C$1,127 Mil) to Mar. 2024 (C$1,047 Mil).

Algonquin Power & Utilities's annual accounts payable & accrued expense increased from Dec. 2021 (C$933 Mil) to Dec. 2022 (C$1,179 Mil) but then declined from Dec. 2022 (C$1,179 Mil) to Dec. 2023 (C$1,127 Mil).

Algonquin Power & Utilities Accounts Payable & Accrued Expense Historical Data

The historical data trend for Algonquin Power & Utilities'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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Algonquin Power & Utilities Accounts Payable & Accrued Expense Chart

Algonquin Power & Utilities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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700.90

838.23

932.57

1,178.54

1,127.22

Algonquin Power & Utilities 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															887.46	979.59	976.62	1,127.22	1,047.18

Algonquin Power & Utilities 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.

Algonquin Power & Utilities (TSX:AQN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Algonquin Power & Utilities Corp (TSX:AQN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AQNU:USA AGQPF.PFD:USA AQN:USA 751:Germany AQN.PR.D.PFD:Canada AQN.PR.A.PFD:Canada

Address

354 Davis Road, Oakville, ON, CAN, L6J 2X1

Website

https://www.algonquinpower.com

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.

Executives

Amee Chande

Director