Empresa Electrica de Magallanes (XSGO:EDELMAG) Accounts Payable & Accrued Expense : CLP9,410 Mil (As of Dec. 2023)

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What is Empresa Electrica de Magallanes Accounts Payable & Accrued Expense?

Empresa Electrica de Magallanes's quarterly accounts payable & accrued expense increased from Jun. 2023 (CLP4,691 Mil) to Sep. 2023 (CLP6,457 Mil) and increased from Sep. 2023 (CLP6,457 Mil) to Dec. 2023 (CLP9,410 Mil).

Empresa Electrica de Magallanes's annual accounts payable & accrued expense declined from Dec. 2021 (CLP7,898 Mil) to Dec. 2022 (CLP7,244 Mil) but then increased from Dec. 2022 (CLP7,244 Mil) to Dec. 2023 (CLP9,410 Mil).

Empresa Electrica de Magallanes Accounts Payable & Accrued Expense Historical Data

The historical data trend for Empresa Electrica de Magallanes'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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Empresa Electrica de Magallanes Accounts Payable & Accrued Expense Chart

Empresa Electrica de Magallanes Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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5,849.50

5,777.08

7,898.00

7,244.29

9,409.94

Empresa Electrica de Magallanes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7,244.29	9,580.96	4,691.49	6,457.17	9,409.94

Empresa Electrica de Magallanes 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.

Empresa Electrica de Magallanes (XSGO:EDELMAG) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Empresa Electrica de Magallanes SA (XSGO:EDELMAG) » Definitions » Accounts Payable & Accrued Expense

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Address

Croacia Numero 444, Punta Arenas, CHL, 621-2667

Website

http://www.edelmag.cl

Empresa Electrica de Magallanes SA is a Chile based firm. It is engaged in the generation, transmission, distribution and supply of electricity. The Company operates in the XII Region, with the provision of its services to the Magellan land and Chilean Antarctic, serving the communities of Punta Arenas.

Empresa Electrica de Magallanes (XSGO:EDELMAG) Headlines

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