Meridian Energy (NZSE:MEL) Accounts Payable & Accrued Expense : NZ$228 Mil (As of Dec. 2024)

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What is Meridian Energy Accounts Payable & Accrued Expense?

Meridian Energy's quarterly accounts payable & accrued expense increased from Dec. 2023 (NZ$499 Mil) to Jun. 2024 (NZ$565 Mil) but then declined from Jun. 2024 (NZ$565 Mil) to Dec. 2024 (NZ$228 Mil).

Meridian Energy's annual accounts payable & accrued expense declined from Jun. 2022 (NZ$470 Mil) to Jun. 2023 (NZ$352 Mil) but then increased from Jun. 2023 (NZ$352 Mil) to Jun. 2024 (NZ$565 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

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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364.00

577.00

470.00

352.00

565.00

Meridian Energy Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															322.00	352.00	499.00	565.00	228.00

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 Business Description

Industry

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Traded in Other Exchanges

MDDNF:USA 15M1:Germany MEZ:Australia

Address

98 Customhouse Quay, Level 2, Wellington, STL, NZL, 6011

Website

https://www.meridianenergy.co.nz

Meridian Energy is one of New Zealand's leading utilities. It is the largest electricity producer in the nation, with a third of the market, and the fourth-largest energy retailer, with about 15% of the market by customer numbers. It generates 100% renewable electricity, mainly from large hydroelectric schemes in the South Island. It also owns a geographically diversified portfolio of wind farms.

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