Renova Energia (BSP:RNEW3) Accounts Payable & Accrued Expense : R$212.0 Mil (As of Mar. 2024)

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What is Renova Energia Accounts Payable & Accrued Expense?

Renova Energia's quarterly accounts payable & accrued expense declined from Sep. 2023 (R$301.3 Mil) to Dec. 2023 (R$222.7 Mil) and declined from Dec. 2023 (R$222.7 Mil) to Mar. 2024 (R$212.0 Mil).

Renova Energia's annual accounts payable & accrued expense declined from Dec. 2021 (R$318.4 Mil) to Dec. 2022 (R$278.9 Mil) and declined from Dec. 2022 (R$278.9 Mil) to Dec. 2023 (R$222.7 Mil).

Renova Energia Accounts Payable & Accrued Expense Historical Data

The historical data trend for Renova Energia'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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Renova Energia Accounts Payable & Accrued Expense Chart

Renova Energia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,374.33

210.60

318.40

278.89

222.72

Renova Energia 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															282.48	284.18	301.25	222.72	211.95

Renova Energia 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.

Renova Energia (BSP:RNEW3) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Renova Energia SA (BSP:RNEW3) » Definitions » Accounts Payable & Accrued Expense

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RNEW11:Brazil RNEW4:Brazil

Address

Av. Roque Petroni Júnior, Suite 999, 4th Floor, Sao Paulo, SP, BRA, 4571011

Website

https://www.renovaenergia.com.br

Renova Energia SA is a Brazilian energy company generating electric power from renewable sources, focusing on wind farms, small hydroelectric plants, and solar energy. The company is responsible for prospecting, developing, and implementing projects to generate power. The company is also involved in the power trading business. A majority of revenue is derived from a combination of wind and power trading, with a significantly smaller portion of revenue coming from both small hydroelectric plants and solar power. Renova generates the vast majority of its revenue in Brazil.

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