Southwest Gas Holdings (FRA:SZR) Accounts Payable & Accrued Expense : €370 Mil (As of Mar. 2024)

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What is Southwest Gas Holdings Accounts Payable & Accrued Expense?

Southwest Gas Holdings's quarterly accounts payable & accrued expense increased from Sep. 2023 (€354 Mil) to Dec. 2023 (€406 Mil) but then declined from Dec. 2023 (€406 Mil) to Mar. 2024 (€370 Mil).

Southwest Gas Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (€393 Mil) to Dec. 2022 (€727 Mil) but then declined from Dec. 2022 (€727 Mil) to Dec. 2023 (€406 Mil).

Southwest Gas Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Southwest Gas Holdings'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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Southwest Gas Holdings Accounts Payable & Accrued Expense Chart

Southwest Gas Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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279.43

257.31

393.41

727.29

405.66

Southwest Gas Holdings 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															428.43	347.61	354.46	405.66	369.86

Southwest Gas Holdings 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.

Southwest Gas Holdings (FRA:SZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Southwest Gas Holdings Inc (FRA:SZR) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SWX:USA

Address

8360 South Durango Drive, Post Office Box 98510, Las Vegas, NV, USA, 89193-8510

Website

https://www.swgasholdings.com

Southwest Gas Holdings Inc is a utility company primarily engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas operations and Utility Infrastructure Services units. The first of these encompasses the company's core natural gas business as one of the largest distributors in the states of Arizona and Nevada. The natural gas operations division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers. The Utility Infrastructure Services segment generates the other half of the company's total revenue from the underground piping contractor services that its subsidiary, Centuri Construction Group, provides.

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