Solar Alliance Energy (TSXV:SOLR) Accounts Payable & Accrued Expense : C$3.13 Mil (As of Sep. 2024)

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What is Solar Alliance Energy Accounts Payable & Accrued Expense?

Solar Alliance Energy's quarterly accounts payable & accrued expense declined from Mar. 2024 (C$3.42 Mil) to Jun. 2024 (C$3.40 Mil) and declined from Jun. 2024 (C$3.40 Mil) to Sep. 2024 (C$3.13 Mil).

Solar Alliance Energy's annual accounts payable & accrued expense increased from Dec. 2021 (C$1.91 Mil) to Dec. 2022 (C$2.74 Mil) and increased from Dec. 2022 (C$2.74 Mil) to Dec. 2023 (C$3.60 Mil).

Solar Alliance Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Solar Alliance 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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Solar Alliance Energy Accounts Payable & Accrued Expense Chart

Solar Alliance Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5.14

4.86

1.91

2.74

3.60

Solar Alliance Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.25	3.60	3.42	3.40	3.13

Solar Alliance 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.

Solar Alliance Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solar Alliance Energy Inc (TSXV:SOLR) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

SAENF:USA

Address

1111 Melville Street, Vancouver, BC, CAN, V6E 3V6

Website

https://www.solaralliance.com

Solar Alliance Energy Inc is an energy solutions provider focused on commercial, industrial, and residential solar installations. Its operating segments are Solar EPC and Solar generation from solar facilities. The company operates in two geographical markets - the United States and Canada. The United States contributes a majority of the total revenue.

Executives

Michael Clark	Director, Senior Officer
Monique Hutchins	Senior Officer
Ken Stadlin	Director
Anton Shihoff	Director
Jason Bak	Director, Senior Officer
Tom Anderson	10% Security Holder