Hydro One (TSX:H) Accounts Payable & Accrued Expense : C$1,553 Mil (As of Mar. 2024)

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What is Hydro One Accounts Payable & Accrued Expense?

Hydro One's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$1,318 Mil) to Dec. 2023 (C$1,741 Mil) but then declined from Dec. 2023 (C$1,741 Mil) to Mar. 2024 (C$1,553 Mil).

Hydro One's annual accounts payable & accrued expense increased from Dec. 2021 (C$1,264 Mil) to Dec. 2022 (C$1,545 Mil) and increased from Dec. 2022 (C$1,545 Mil) to Dec. 2023 (C$1,741 Mil).

Hydro One Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hydro One'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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Hydro One Accounts Payable & Accrued Expense Chart

Hydro One Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,207.00

1,251.00

1,264.00

1,545.00

1,741.00

Hydro One 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															1,247.00	1,314.00	1,318.00	1,741.00	1,553.00

Hydro One 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.

Hydro One (TSX:H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hydro One Ltd (TSX:H) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

HRNNF:USA 8H1:Germany

Address

483 Bay Street, South Tower, 8th Floor, Toronto, ON, CAN, M5G 2P5

Website

https://www.hydroone.com

Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47% common equity stake.

Executives

Darlene Ann Bradley

Senior Officer