Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Accounts Payable & Accrued Expense : R$541 Mil (As of Dec. 2023)

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What is Transmissora Alianca de Energia Eletrica Accounts Payable & Accrued Expense?

Transmissora Alianca de Energia Eletrica's quarterly accounts payable & accrued expense increased from Jun. 2023 (R$303 Mil) to Sep. 2023 (R$327 Mil) and increased from Sep. 2023 (R$327 Mil) to Dec. 2023 (R$541 Mil).

Transmissora Alianca de Energia Eletrica's annual accounts payable & accrued expense declined from Dec. 2021 (R$405 Mil) to Dec. 2022 (R$316 Mil) but then increased from Dec. 2022 (R$316 Mil) to Dec. 2023 (R$541 Mil).

Transmissora Alianca de Energia Eletrica Accounts Payable & Accrued Expense Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica'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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Transmissora Alianca de Energia Eletrica Accounts Payable & Accrued Expense Chart

Transmissora Alianca de Energia Eletrica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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180.51

324.81

405.17

315.83

540.97

Transmissora Alianca de Energia Eletrica 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															315.83	256.07	302.92	326.79	540.97

Transmissora Alianca de Energia Eletrica 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.

Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Transmissora Alianca de Energia Eletrica SA (BSP:TAEE4) » Definitions » Accounts Payable & Accrued Expense

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TAEE3:Brazil TAEE11:Brazil

Address

Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010

Website

https://www.taesa.com.br

Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

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