First Solar (MIL:1FSLR) Accounts Payable & Accrued Expense : €756 Mil (As of Mar. 2024)

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What is First Solar Accounts Payable & Accrued Expense?

First Solar's quarterly accounts payable & accrued expense declined from Sep. 2023 (€683 Mil) to Dec. 2023 (€660 Mil) but then increased from Dec. 2023 (€660 Mil) to Mar. 2024 (€756 Mil).

First Solar's annual accounts payable & accrued expense increased from Dec. 2021 (€407 Mil) to Dec. 2022 (€666 Mil) but then declined from Dec. 2022 (€666 Mil) to Dec. 2023 (€660 Mil).

First Solar Accounts Payable & Accrued Expense Historical Data

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

First Solar Annual Data

Trend

Dec14

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Dec16

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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796.66

400.10

407.00

666.13

660.22

First Solar Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															689.94	585.93	682.98	660.22	755.52

First 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.

First Solar (MIL:1FSLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » First Solar Inc (MIL:1FSLR) » Definitions » Accounts Payable & Accrued Expense

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Address

350 West Washington Street, Suite 600, Tempe, AZ, USA, 85281

Website

https://www.firstsolar.com

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.

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