GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (LTS:0NQP) » Definitions » Accounts Payable & Accrued Expense

Snam SpA (LTS:0NQP) Accounts Payable & Accrued Expense : €725 Mil (As of Sep. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Snam SpA Accounts Payable & Accrued Expense?

Snam SpA's quarterly accounts payable & accrued expense increased from Mar. 2023 (€670 Mil) to Jun. 2023 (€5,227 Mil) but then declined from Jun. 2023 (€5,227 Mil) to Sep. 2023 (€725 Mil).

Snam SpA's annual accounts payable & accrued expense increased from Dec. 2020 (€2,039 Mil) to Dec. 2021 (€2,944 Mil) but then declined from Dec. 2021 (€2,944 Mil) to Dec. 2022 (€469 Mil).


Snam SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Snam SpA'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.

* Premium members only.

Snam SpA Accounts Payable & Accrued Expense Chart

Snam SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,836.00 2,039.00 2,944.00 469.00 -

Snam SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 469.00 670.00 5,227.00 725.00 -

Snam SpA 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.


Snam SpA (LTS:0NQP) Business Description

Industry
Traded in Other Exchanges
Address
Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097
Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 6.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.

Snam SpA (LTS:0NQP) Headlines

No Headlines