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MXGFF (Maxim Power) Accounts Payable & Accrued Expense : $7.98 Mil (As of Mar. 2025)


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What is Maxim Power Accounts Payable & Accrued Expense?

Maxim Power's quarterly accounts payable & accrued expense declined from Sep. 2024 ($10.08 Mil) to Dec. 2024 ($7.67 Mil) but then increased from Dec. 2024 ($7.67 Mil) to Mar. 2025 ($7.98 Mil).

Maxim Power's annual accounts payable & accrued expense declined from Dec. 2022 ($10.88 Mil) to Dec. 2023 ($9.32 Mil) and declined from Dec. 2023 ($9.32 Mil) to Dec. 2024 ($7.67 Mil).

Maxim Power Accounts Payable & Accrued Expense Historical Data

The historical data trend for Maxim Power'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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Maxim Power Accounts Payable & Accrued Expense Chart

Maxim Power Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.79 14.64 10.88 9.32 7.67

Maxim Power Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.20 7.86 10.08 7.67 7.98

Maxim Power 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.

Maxim Power Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Maxim Power Corp (OTCPK:MXGFF) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
MP9:Germany MXG:Canada
Address
715 - 5 Avenue SW, Suite 1800, Calgary, AB, CAN, T2P 2X6
Website
https://www.maximpowercorp.com
Maxim Power Corp is an independent power producer. The company is engaged in the development, ownership, and operation of power generation facilities and the resultant sale of generating capacity and electricity. It is focused entirely on power projects in Alberta. The company's core asset is the 300 MW H.R. Milner Plant (M2) in Grande Cache, AB is a combined cycle gas-fired power plant that was commissioned in Q4, 2023. Further, MAXIM continues to explore further development options in Alberta, including its gas-fired generation projects and its wind power generation project.