Greenvolt - Energias Renovaveis (XLIS:GVOLT) Accounts Payable & Accrued Expense : €154.9 Mil (As of Dec. 2023)

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What is Greenvolt - Energias Renovaveis Accounts Payable & Accrued Expense?

Greenvolt - Energias Renovaveis's quarterly accounts payable & accrued expense increased from Jun. 2023 (€125.0 Mil) to Sep. 2023 (€146.4 Mil) and increased from Sep. 2023 (€146.4 Mil) to Dec. 2023 (€154.9 Mil).

Greenvolt - Energias Renovaveis's annual accounts payable & accrued expense increased from Dec. 2021 (€36.8 Mil) to Dec. 2022 (€81.9 Mil) and increased from Dec. 2022 (€81.9 Mil) to Dec. 2023 (€154.9 Mil).

Greenvolt - Energias Renovaveis Accounts Payable & Accrued Expense Historical Data

The historical data trend for Greenvolt - Energias Renovaveis'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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Greenvolt - Energias Renovaveis Accounts Payable & Accrued Expense Chart

Greenvolt - Energias Renovaveis Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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18.05

16.45

36.79

81.87

154.91

Greenvolt - Energias Renovaveis Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											81.87	79.88	125.02	146.44	154.91

Greenvolt - Energias Renovaveis 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.

Greenvolt - Energias Renovaveis (XLIS:GVOLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Greenvolt - Energias Renovaveis SA (XLIS:GVOLT) » Definitions » Accounts Payable & Accrued Expense

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000:Germany

Address

Rua Manuel Pinto de Azevedo 818, Porto, PRT, PT-4100-320

Website

https://www.greenvolt.pt

Greenvolt - Energias Renovaveis SA is specialized in the production of electricity from renewable energy sources. It has three operating segments. Biomass & Structure has five energy production plants through forest biomass in Portugal, the costs of the corporate structure of Greenvolt, and the plant in Tilbury. The development of Solar & wind energy includes the activities of development, construction, & exploration of photovoltaic & wind energy, with the subsidiaries Greenvolt Power & Sustainable Energy One being the main contributors to the segment. Distributed generation includes the contributions from subsidiaries Greenvolt Next Portugal, Greenvolt Next Portugal II Invest, Perfecta Energía, Greenvolt Comunidades, & Univergy. The key revenue is from the biomass & structure segment.

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