Amber Grid AB (OVSE:AMG1L) Accounts Payable & Accrued Expense : €40.81 Mil (As of Mar. 2024)

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What is Amber Grid AB Accounts Payable & Accrued Expense?

Amber Grid AB's quarterly accounts payable & accrued expense declined from Sep. 2023 (€44.82 Mil) to Dec. 2023 (€42.51 Mil) and declined from Dec. 2023 (€42.51 Mil) to Mar. 2024 (€40.81 Mil).

Amber Grid AB's annual accounts payable & accrued expense increased from Dec. 2021 (€46.37 Mil) to Dec. 2022 (€49.51 Mil) but then declined from Dec. 2022 (€49.51 Mil) to Dec. 2023 (€42.51 Mil).

Amber Grid AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Amber Grid AB'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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Amber Grid AB Accounts Payable & Accrued Expense Chart

Amber Grid AB Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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22.63

22.65

46.37

49.51

42.51

Amber Grid AB 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															42.08	39.13	44.82	42.51	40.81

Amber Grid AB 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.

Amber Grid AB (OVSE:AMG1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Amber Grid AB (OVSE:AMG1L) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

AMH:Germany

Address

Laisv?s pr. 10, Vilnius, LTU, LT-04215

Website

https://www.ambergrid.lt

Amber Grid AB is a part of the oil and gas sector. It is a natural gas transmission system operator in Lithuania. It is responsible for maintaining the natural gas transmission system for users of the natural gas infrastructure, operation, maintenance, and development. The company's transmission system mainly consists of gas pipelines, gas compressor stations, metering stations and distribution pipelines corrosion protection devices, data transmission, and communication systems. The company reports in two segments that are natural gas transmission operations and natural gas exchange operator activities, out of which the majority of revenue comes from natural gas transmission operations.

Amber Grid AB (OVSE:AMG1L) Headlines

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