Canadian Utilities (Canadian Utilities) Accounts Payable & Accrued Expense : $611 Mil (As of Dec. 2023)

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What is Canadian Utilities Accounts Payable & Accrued Expense?

Canadian Utilities's quarterly accounts payable & accrued expense declined from Jun. 2023 ($491 Mil) to Sep. 2023 ($472 Mil) but then increased from Sep. 2023 ($472 Mil) to Dec. 2023 ($611 Mil).

Canadian Utilities's annual accounts payable & accrued expense increased from Dec. 2021 ($577 Mil) to Dec. 2022 ($728 Mil) but then declined from Dec. 2022 ($728 Mil) to Dec. 2023 ($611 Mil).

Canadian Utilities Accounts Payable & Accrued Expense Historical Data

The historical data trend for Canadian Utilities'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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Canadian Utilities Accounts Payable & Accrued Expense Chart

Canadian Utilities Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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407.02

428.61

577.34

728.01

611.21

Canadian Utilities 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															728.01	686.98	490.74	472.25	611.21

Canadian Utilities 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.

Canadian Utilities (Canadian Utilities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Canadian Utilities Ltd (OTCPK:CDUAF) » Definitions » Accounts Payable & Accrued Expense

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Address

5302 Forand Street S.W., 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4

Website

https://www.canadianutilities.com

Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company's main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.