Alternus Energy Group (OSL:ALT) Accounts Payable & Accrued Expense : kr140.0 Mil (As of Sep. 2023)

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What is Alternus Energy Group Accounts Payable & Accrued Expense?

Alternus Energy Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (kr65.3 Mil) to Jun. 2023 (kr299.3 Mil) but then declined from Jun. 2023 (kr299.3 Mil) to Sep. 2023 (kr140.0 Mil).

Alternus Energy Group's annual accounts payable & accrued expense declined from Dec. 2020 (kr84.0 Mil) to Dec. 2021 (kr83.9 Mil) and declined from Dec. 2021 (kr83.9 Mil) to Dec. 2022 (kr65.3 Mil).

Alternus Energy Group Accounts Payable & Accrued Expense Historical Data

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

Alternus Energy Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

14.87

33.95

83.95

83.92

65.27

Alternus Energy Group Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										130.59	52.21	65.27	299.29	140.00

Alternus Energy Group 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.

Alternus Energy Group (OSL:ALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Energy Group PLC (OSL:ALT) » Definitions » Accounts Payable & Accrued Expense

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ALTNF:USA

Address

Blanchardstown Corporate Park 2, Suite 9-10 Plaza 212, Dublin, IRL, D15 R504

Website

https://www.alternusenergy.com

Alternus Energy Group PLC is an independent power producer of green energy. It develops, owns, and operates Utility-Scale Solar projects across Europe. The company's solar PV parks produce clean green energy and replace polluting greenhouse gas-emitting and fossil fuel-based energy. Its current portfolio consists of renewable energy facilities that are generally contracted under long-term Country Renewable Programs (FIT programs) or Energy Offtake Agreements (PPAs/VPPAs) with creditworthy counterparties.