US Solar Fund (LSE:USF) Accounts Payable & Accrued Expense : $0.35 Mil (As of Dec. 2024)

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What is US Solar Fund Accounts Payable & Accrued Expense?

US Solar Fund's quarterly accounts payable & accrued expense increased from Dec. 2023 ($0.92 Mil) to Jun. 2024 ($2.21 Mil) but then declined from Jun. 2024 ($2.21 Mil) to Dec. 2024 ($0.35 Mil).

US Solar Fund's annual accounts payable & accrued expense declined from Dec. 2022 ($5.26 Mil) to Dec. 2023 ($0.92 Mil) and declined from Dec. 2023 ($0.92 Mil) to Dec. 2024 ($0.35 Mil).

US Solar Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for US Solar Fund'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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US Solar Fund Accounts Payable & Accrued Expense Chart

US Solar Fund Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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1.73

6.85

5.26

0.92

0.35

US Solar Fund Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							5.26	5.21	0.92	2.21	0.35

US Solar Fund 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.

US Solar Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » US Solar Fund PLC (LSE:USF) » Definitions » Accounts Payable & Accrued Expense

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Address

52 Lime Street, 18th Floor, The Scalpel, London, GBR, EC3M 7AF

Website

https://www.ussolarfund.co.uk

US Solar Fund PLC is a closed-end investment trust company. It invests in a diversified portfolio of Solar Power Assets located in North America and other countries forming part of the Organisation for Economic Co-operation and Development (OECD) in the Americas. Its investment objective is to provide investors with attractive risk-adjusted and sustainable dividends, with an element of capital growth, by investing in a diversified portfolio of Solar Power Assets. By investing in Solar Power Assets and selling the output from these assets to energy users, the company directly contributes to renewable energy infrastructure and renewable power generation.

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