Ballard Power Systems (TSX:BLDP) Accounts Payable & Accrued Expense : C$45.7 Mil (As of Dec. 2023)

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What is Ballard Power Systems Accounts Payable & Accrued Expense?

Ballard Power Systems's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$43.5 Mil) to Sep. 2023 (C$48.8 Mil) but then declined from Sep. 2023 (C$48.8 Mil) to Dec. 2023 (C$45.7 Mil).

Ballard Power Systems's annual accounts payable & accrued expense increased from Dec. 2021 (C$38.9 Mil) to Dec. 2022 (C$46.6 Mil) but then declined from Dec. 2022 (C$46.6 Mil) to Dec. 2023 (C$45.7 Mil).

Ballard Power Systems Accounts Payable & Accrued Expense Historical Data

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

Ballard Power Systems Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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36.70

31.47

38.94

46.56

45.71

Ballard Power Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															46.56	42.99	43.48	48.81	45.71

Ballard Power Systems 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.

Ballard Power Systems (TSX:BLDP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ballard Power Systems Inc (TSX:BLDP) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

BLDP:USA 0QY5:UK PO0:Germany

Address

9000 Glenlyon Parkway, Burnaby, BC, CAN, V5J 5J8

Website

https://www.ballard.com

Ballard Power Systems is a world leader in proton-exchange membrane fuel cells, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale, and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (bus, truck, rail, and marine applications), material handling, and stationary power generation. Sales are concentrated in the U.S., Europe, and China.

Executives

Sarbjot Sidhu

Senior Officer