Montauk Renewables (JSE:MKR) Accounts Payable & Accrued Expense : R461 Mil (As of Mar. 2024)

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What is Montauk Renewables Accounts Payable & Accrued Expense?

Montauk Renewables's quarterly accounts payable & accrued expense increased from Sep. 2023 (R387 Mil) to Dec. 2023 (R392 Mil) and increased from Dec. 2023 (R392 Mil) to Mar. 2024 (R461 Mil).

Montauk Renewables's annual accounts payable & accrued expense increased from Dec. 2021 (R251 Mil) to Dec. 2022 (R346 Mil) and increased from Dec. 2022 (R346 Mil) to Dec. 2023 (R392 Mil).

Montauk Renewables Accounts Payable & Accrued Expense Historical Data

The historical data trend for Montauk Renewables'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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Montauk Renewables Accounts Payable & Accrued Expense Chart

Montauk Renewables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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180.45

260.48

251.02

346.48

391.62

Montauk Renewables Quarterly Data
	Dec18	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															282.86	499.23	386.73	391.62	460.83

Montauk Renewables 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.

Montauk Renewables (JSE:MKR) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Montauk Renewables Inc (JSE:MKR) » Definitions » Accounts Payable & Accrued Expense

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MNTK:USA

Address

5313 Campbells Run Road, Suite 200, Pittsburgh, PA, USA, 15205

Website

https://ir.montaukrenewables.com

Montauk Renewables Inc is a United States-based renewable energy company. It specializes in the recovery and processing of biogas from landfills and other non-fossil fuel sources for beneficial use as a replacement for fossil fuels. The firm develops, owns, and operates RNG projects that supply renewable fuel into the transportation and electrical power sectors. Montauk operates in three segments: Renewable Natural Gas, Renewable Electricity Generation and Corporate. It generates a majority of its revenue from the Renewable Natural Gas segment.

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