Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Accounts Payable & Accrued Expense : R$811 Mil (As of Mar. 2024)

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What is Compania deneamento de Minas Gerais - COPASA MG Accounts Payable & Accrued Expense?

Compania deneamento de Minas Gerais - COPASA MG's quarterly accounts payable & accrued expense increased from Sep. 2023 (R$555 Mil) to Dec. 2023 (R$895 Mil) but then declined from Dec. 2023 (R$895 Mil) to Mar. 2024 (R$811 Mil).

Compania deneamento de Minas Gerais - COPASA MG's annual accounts payable & accrued expense increased from Dec. 2021 (R$392 Mil) to Dec. 2022 (R$596 Mil) and increased from Dec. 2022 (R$596 Mil) to Dec. 2023 (R$895 Mil).

Compania deneamento de Minas Gerais - COPASA MG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Compania deneamento de Minas Gerais - COPASA MG'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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Compania deneamento de Minas Gerais - COPASA MG Accounts Payable & Accrued Expense Chart

Compania deneamento de Minas Gerais - COPASA MG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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354.19

335.77

391.93

595.82

895.39

Compania deneamento de Minas Gerais - COPASA MG 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															815.88	646.75	554.54	895.39	810.72

Compania deneamento de Minas Gerais - COPASA MG 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.

Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Compania de Saneamento de Minas Gerais - COPASA MG (BSP:CSMG3) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Mar de Espanha 525, Santo Antonio, Belo Horizonte, MG, BRA, 30330900

Website

http://www.copasa.com.br

COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Serviços de Irrigaçao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Serviços de Irrigaçao S.A. manages, performs, and sells irrigation system services. COPASA Águas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where a significant amount of revenue is generated.

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