Ecofin Global Utilities and Infrastructure Trust (LSE:EGL) Accounts Payable & Accrued Expense : £3.97 Mil (As of Sep. 2023)

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What is Ecofin Global Utilities and Infrastructure Trust Accounts Payable & Accrued Expense?

Ecofin Global Utilities and Infrastructure Trust's quarterly accounts payable & accrued expense increased from Sep. 2022 (£1.08 Mil) to Mar. 2023 (£4.12 Mil) but then declined from Mar. 2023 (£4.12 Mil) to Sep. 2023 (£3.97 Mil).

Ecofin Global Utilities and Infrastructure Trust's annual accounts payable & accrued expense increased from Sep. 2021 (£0.85 Mil) to Sep. 2022 (£1.08 Mil) and increased from Sep. 2022 (£1.08 Mil) to Sep. 2023 (£3.97 Mil).

Ecofin Global Utilities and Infrastructure Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ecofin Global Utilities and Infrastructure Trust'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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Ecofin Global Utilities and Infrastructure Trust Accounts Payable & Accrued Expense Chart

Ecofin Global Utilities and Infrastructure Trust Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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0.73

2.60

0.85

1.08

3.97

Ecofin Global Utilities and Infrastructure Trust Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									0.85	0.94	1.08	4.12	3.97

Ecofin Global Utilities and Infrastructure Trust 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.

Ecofin Global Utilities and Infrastructure Trust (LSE:EGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ecofin Global Utilities and Infrastructure Trust PLC (LSE:EGL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

EGLl:UK

Address

Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY

Website

https://www.ecofininvest.com

Ecofin Global Utilities and Infrastructure Trust PLC is an investment trust which is engaged in portfolio investment. The investment objective of the company is to achieve a high, secure dividend yield on its investment portfolio and to realize long-term growth in the capital value of the portfolio.

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