Federal Grid Company Rosseti PJSC (MIC:FEES) Accounts Payable & Accrued Expense : ₽269,738 Mil (As of Jun. 2023)

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What is Federal Grid Company Rosseti PJSC Accounts Payable & Accrued Expense?

Federal Grid Company Rosseti PJSC's quarterly accounts payable & accrued expense declined from Jun. 2021 (₽62,853 Mil) to Sep. 2021 (₽39,374 Mil) but then increased from Sep. 2021 (₽39,374 Mil) to Jun. 2023 (₽269,738 Mil).

Federal Grid Company Rosseti PJSC's annual accounts payable & accrued expense increased from Dec. 2018 (₽57,697 Mil) to Dec. 2019 (₽59,708 Mil) but then declined from Dec. 2019 (₽59,708 Mil) to Dec. 2020 (₽46,714 Mil).

Federal Grid Company Rosseti PJSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Federal Grid Company Rosseti PJSC'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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Federal Grid Company Rosseti PJSC Accounts Payable & Accrued Expense Chart

Federal Grid Company Rosseti PJSC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

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69,768.00

46,418.00

57,697.00

59,708.00

46,714.00

Federal Grid Company Rosseti PJSC Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															46,714.00	44,440.00	62,853.00	39,374.00	269,738.00

Federal Grid Company Rosseti PJSC 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.

Federal Grid Company Rosseti PJSC (MIC:FEES) Business Description

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Address

5A, Akademika Chelomeya Street, Moscow, RUS, 117630

Website

https://www.fsk-ees.ru

Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.

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