Public Service Company of New Mexico (Public Service Company of New Mexico) Accounts Payable & Accrued Expense : $170.23 Mil (As of Mar. 2024)

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What is Public Service Company of New Mexico Accounts Payable & Accrued Expense?

Public Service Company of New Mexico's quarterly accounts payable & accrued expense increased from Sep. 2023 ($181.83 Mil) to Dec. 2023 ($199.56 Mil) but then declined from Dec. 2023 ($199.56 Mil) to Mar. 2024 ($170.23 Mil).

Public Service Company of New Mexico's annual accounts payable & accrued expense increased from Dec. 2021 ($160.27 Mil) to Dec. 2022 ($214.37 Mil) but then declined from Dec. 2022 ($214.37 Mil) to Dec. 2023 ($199.56 Mil).

Public Service Company of New Mexico Accounts Payable & Accrued Expense Historical Data

The historical data trend for Public Service Company of New Mexico'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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Public Service Company of New Mexico Accounts Payable & Accrued Expense Chart

Public Service Company of New Mexico Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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123.02

167.87

160.27

214.37

199.56

Public Service Company of New Mexico 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															153.91	172.56	181.83	199.56	170.23

Public Service Company of New Mexico 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.

Public Service Company of New Mexico (Public Service Company of New Mexico) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Public Service Company of New Mexico (OTCPK:PNMXO.PFD) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

414 Silver Avenue Southwest, Albuquerque, NM, USA, 87102-3289

Website

http://www.pnm.com

Public Service Company of New Mexico is an electric utility company. It provides electric generation, transmission, and distribution service to its rate-regulated customers. In addition, it is also involved in the provision of transmission services to third parties; and the generation and sale of electricity into the wholesale market. Geographically, it operates through the region of Mexico and it provides retail electric service to customers in north-central New Mexico, including the cities of Albuquerque, Rio Rancho and Santa Fe, and certain areas of southern New Mexico.

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