Enbridge (Enbridge) Accounts Payable & Accrued Expense

: $5,860.91 Mil (As of Dec. 2023)

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Enbridge's quarterly accounts payable & accrued expense increased from Jun. 2023 ($3,411.11 Mil) to Sep. 2023 ($3,807.55 Mil) and increased from Sep. 2023 ($3,807.55 Mil) to Dec. 2023 ($5,860.91 Mil).

Enbridge's annual accounts payable & accrued expense increased from Dec. 2021 ($7,015.63 Mil) to Dec. 2022 ($7,028.34 Mil) but then declined from Dec. 2022 ($7,028.34 Mil) to Dec. 2023 ($5,860.91 Mil).

Enbridge Accounts Payable & Accrued Expense Historical Data

The historical data trend for Enbridge'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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Enbridge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

6,852.46

6,266.69

7,015.63

7,028.34

5,860.91

Enbridge 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																7,028.34	3,547.47	3,411.11	3,807.55	5,860.91

Enbridge 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.

Enbridge (Enbridge) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enbridge Inc (OTCPK:EBGEF.PFD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Address

425 - 1st Street S.W., Suite 200, Calgary, AB, CAN, T2P 3L8

Website

https://www.enbridge.com

Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. The firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.