Iren SpA (MIL:IRE) Accounts Payable & Accrued Expense : €2,059 Mil (As of Mar. 2024)

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What is Iren SpA Accounts Payable & Accrued Expense?

Iren SpA's quarterly accounts payable & accrued expense increased from Sep. 2023 (€1,693 Mil) to Dec. 2023 (€1,915 Mil) and increased from Dec. 2023 (€1,915 Mil) to Mar. 2024 (€2,059 Mil).

Iren SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€1,731 Mil) to Dec. 2022 (€2,333 Mil) but then declined from Dec. 2022 (€2,333 Mil) to Dec. 2023 (€1,915 Mil).

Iren SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Iren 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.

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Iren SpA Accounts Payable & Accrued Expense Chart

Iren SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,053.71

1,300.38

1,730.73

2,333.40

1,914.64

Iren SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,106.95	1,720.04	1,692.54	1,914.64	2,059.19

Iren 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.

Iren SpA (MIL:IRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Iren SpA (MIL:IRE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

IRDEF:USA IREm:UK 0MUN:UK TZ8:Germany

Address

Via Nubi di Magellano, 30, Reggio Emilia, ITA, 42123

Website

https://www.gruppoiren.it

Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.

Iren SpA (MIL:IRE) Headlines

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