Canadian Solar (Canadian Solar) Accounts Payable & Accrued Expense : $1,840 Mil (As of Sep. 2023)

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What is Canadian Solar Accounts Payable & Accrued Expense?

Canadian Solar's quarterly accounts payable & accrued expense declined from Mar. 2023 ($1,679 Mil) to Jun. 2023 ($1,580 Mil) but then increased from Jun. 2023 ($1,580 Mil) to Sep. 2023 ($1,840 Mil).

Canadian Solar's annual accounts payable & accrued expense increased from Dec. 2020 ($1,024 Mil) to Dec. 2021 ($1,171 Mil) and increased from Dec. 2021 ($1,171 Mil) to Dec. 2022 ($1,658 Mil).

Canadian Solar Accounts Payable & Accrued Expense Historical Data

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

Canadian Solar Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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804.32

1,042.13

1,023.90

1,170.99

1,658.43

Canadian Solar Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,680.42	1,658.43	1,678.74	1,579.94	1,839.87

Canadian Solar 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 Solar (Canadian Solar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Canadian Solar Inc (NAS:CSIQ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CSIQ:Mexico L5A:Germany L5A:Germany

Address

545 Speedvale Avenue West, Guelph, ON, CAN, N1K 1E6

Website

https://www.canadiansolar.com

Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing and manufacturing solar ingots, wafers, cells, modules and other solar power products. It operates through two business segments CSI Solar and Global Energy segment. The CSI Solar segment design, develop and manufacture solar ingots, wafers, cells, modules and other solar power and battery storage products. Its Energy segment primarily comprises solar and battery storage project development and sale, O&M and asset management services for operational projects, sale of electricity, and investment in retained assets.