Quanta Services (LTS:0KSR) Accounts Payable & Accrued Expense : $2,364 Mil (As of Mar. 2024)

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What is Quanta Services Accounts Payable & Accrued Expense?

Quanta Services's quarterly accounts payable & accrued expense increased from Sep. 2023 ($2,387 Mil) to Dec. 2023 ($2,535 Mil) but then declined from Dec. 2023 ($2,535 Mil) to Mar. 2024 ($2,364 Mil).

Quanta Services's annual accounts payable & accrued expense declined from Dec. 2021 ($1,708 Mil) to Dec. 2022 ($1,684 Mil) but then increased from Dec. 2022 ($1,684 Mil) to Dec. 2023 ($2,535 Mil).

Quanta Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for Quanta Services'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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Quanta Services Accounts Payable & Accrued Expense Chart

Quanta Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,140.13

1,131.79

1,707.51

1,684.08

2,535.02

Quanta Services 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															1,785.28	2,047.25	2,386.96	2,535.02	2,363.56

Quanta Services 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.

Quanta Services (LTS:0KSR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Quanta Services Inc (LTS:0KSR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PWR:USA QAA:Germany QAA:Germany Q1UA34:Brazil

Address

277 North Loop West, Houston, TX, USA, 77008

Website

https://www.quantaservices.com

Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under three reportable segments: electric power, renewables infrastructure, and underground utility and infrastructure. In 2021, the company acquired Blattner, a provider of comprehensive engineering, procurement, and construction solutions to customers in the renewable energy industry.

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