Meridian Energy (Meridian Energy) Accounts Payable & Accrued Expense : $311 Mil (As of Dec. 2023)

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What is Meridian Energy Accounts Payable & Accrued Expense?

Meridian Energy's quarterly accounts payable & accrued expense increased from Dec. 2022 ($205 Mil) to Jun. 2023 ($216 Mil) and increased from Jun. 2023 ($216 Mil) to Dec. 2023 ($311 Mil).

Meridian Energy's annual accounts payable & accrued expense declined from Jun. 2021 ($410 Mil) to Jun. 2022 ($299 Mil) and declined from Jun. 2022 ($299 Mil) to Jun. 2023 ($216 Mil).

Meridian Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Meridian Energy'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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Meridian Energy Accounts Payable & Accrued Expense Chart

Meridian Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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200.00

234.69

410.09

298.60

215.95

Meridian Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															221.17	298.60	204.57	215.95	310.52

Meridian Energy 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.

Meridian Energy (Meridian Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Meridian Energy Ltd (OTCPK:MDDNF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MEL:New Zealand 15M1:Germany MEZ:Australia

Address

287-293 Durham Street North, Christchurch Central, Christchurch, STL, NZL, 8013

Website

https://www.meridianenergy.co.nz

Meridian is New Zealand's largest electricity generator, operating hydro stations and wind farms in New Zealand. Nearly 90% of its electricity is generated from low-cost hydro power plants, with wind making up the rest. The company's main competitors are vertically integrated firms, such as Mercury NZ, Genesis Energy, Contact Energy, and Trustpower.