National Grid (National Grid) Accounts Payable & Accrued Expense : $5,812 Mil (As of Sep. 2023)

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What is National Grid Accounts Payable & Accrued Expense?

National Grid's quarterly accounts payable & accrued expense increased from Sep. 2022 ($5,120 Mil) to Mar. 2023 ($5,947 Mil) but then declined from Mar. 2023 ($5,947 Mil) to Sep. 2023 ($5,812 Mil).

National Grid's annual accounts payable & accrued expense increased from Mar. 2021 ($4,768 Mil) to Mar. 2022 ($5,876 Mil) and increased from Mar. 2022 ($5,876 Mil) to Mar. 2023 ($5,947 Mil).

National Grid Accounts Payable & Accrued Expense Historical Data

The historical data trend for National Grid'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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National Grid Accounts Payable & Accrued Expense Chart

National Grid Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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5,177.87

4,394.80

4,768.38

5,876.15

5,946.60

National Grid Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5,175.82	5,876.15	5,120.05	5,946.60	5,811.88

National Grid 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.

National Grid (National Grid) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » National Grid PLC (NYSE:NGG) » Definitions » Accounts Payable & Accrued Expense

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Address

1-3 Strand, London, GBR, WC2N 5EH

Website

https://www.nationalgrid.com

National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.