Synex Renewable Energy (TSX:SXI) Accounts Payable & Accrued Expense : C$0.76 Mil (As of Dec. 2023)

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What is Synex Renewable Energy Accounts Payable & Accrued Expense?

Synex Renewable Energy's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$0.83 Mil) to Sep. 2023 (C$1.04 Mil) but then declined from Sep. 2023 (C$1.04 Mil) to Dec. 2023 (C$0.76 Mil).

Synex Renewable Energy's annual accounts payable & accrued expense increased from Jun. 2021 (C$0.57 Mil) to Jun. 2022 (C$0.70 Mil) and increased from Jun. 2022 (C$0.70 Mil) to Jun. 2023 (C$0.83 Mil).

Synex Renewable Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Synex Renewable 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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Synex Renewable Energy Accounts Payable & Accrued Expense Chart

Synex Renewable Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.61

0.52

0.57

0.70

0.83

Synex Renewable Energy 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															0.64	0.96	0.83	1.04	0.76

Synex Renewable 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.

Synex Renewable Energy (TSX:SXI) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Synex Renewable Energy Corp (TSX:SXI) » Definitions » Accounts Payable & Accrued Expense

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V5X:Germany

Address

4248 Broughton Avenue, Niagara Falls, ON, CAN, L2E 0A4

Website

https://www.synex.com

Synex Renewable Energy Corp is engaged in the development, ownership, and operation of electric power facilities and the provision of consulting engineering and environmental services in water resources, particularly hydroelectric facilities. Its projects include Barr Creek Hydro Plant, Mears Creek Hydro Project, Cypress Creek Hydro Project, and Sea Breeze products among others.