OPG Power Ventures (LSE:OPG) Accounts Payable & Accrued Expense : £42.9 Mil (As of Sep. 2023)

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What is OPG Power Ventures Accounts Payable & Accrued Expense?

OPG Power Ventures's quarterly accounts payable & accrued expense declined from Sep. 2022 (£37.7 Mil) to Mar. 2023 (£29.5 Mil) but then increased from Mar. 2023 (£29.5 Mil) to Sep. 2023 (£42.9 Mil).

OPG Power Ventures's annual accounts payable & accrued expense declined from Mar. 2021 (£32.5 Mil) to Mar. 2022 (£24.4 Mil) but then increased from Mar. 2022 (£24.4 Mil) to Mar. 2023 (£29.5 Mil).

OPG Power Ventures Accounts Payable & Accrued Expense Historical Data

The historical data trend for OPG Power Ventures'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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OPG Power Ventures Accounts Payable & Accrued Expense Chart

OPG Power Ventures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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45.48

41.66

32.50

24.44

29.52

OPG Power Ventures Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															37.10	24.44	37.72	29.52	42.91

OPG Power Ventures 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.

OPG Power Ventures (LSE:OPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » OPG Power Ventures PLC (LSE:OPG) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

OPG.GB:UK OPB:Germany

Address

55 Athol Street, Douglas, IMN, IM1 1LA

Website

https://www.opgpower.com

OPG Power Ventures PLC is engaged in the development, owning, operation and maintenance of private sector power projects in India. The electricity generated from the group's plants is sold principally to public sector undertakings and heavy industrial companies in India or in the short term market. The business objective of the group is to focus on the power generation business within India and thereby provide reliable, cost effective power to the industrial consumers and other users under the open access provisions mandated by the Government of India.

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