Tortoise Energy Infrastructure (Tortoise Energy Infrastructure) Accounts Payable & Accrued Expense : $2.90 Mil (As of Nov. 2023)

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What is Tortoise Energy Infrastructure Accounts Payable & Accrued Expense?

Tortoise Energy Infrastructure's quarterly accounts payable & accrued expense declined from Nov. 2022 ($26.88 Mil) to May. 2023 ($7.17 Mil) and declined from May. 2023 ($7.17 Mil) to Nov. 2023 ($2.90 Mil).

Tortoise Energy Infrastructure's annual accounts payable & accrued expense declined from Nov. 2021 ($37.22 Mil) to Nov. 2022 ($26.88 Mil) and declined from Nov. 2022 ($26.88 Mil) to Nov. 2023 ($2.90 Mil).

Tortoise Energy Infrastructure Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tortoise Energy Infrastructure'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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Tortoise Energy Infrastructure Accounts Payable & Accrued Expense Chart

Tortoise Energy Infrastructure Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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2.93

14.53

37.22

26.88

2.90

Tortoise Energy Infrastructure Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								37.22	1.05	26.88	7.17	2.90

Tortoise Energy Infrastructure 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.

Tortoise Energy Infrastructure (Tortoise Energy Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tortoise Energy Infrastructure Corp. (NYSE:TYGPRB.PFD) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

TYG:USA

Address

6363 College Boulevard, Suite 100A, Overland Park, Leawood, KS, USA, 66211

Website

https://www.tortoiseadvisors.com

Tortoise Energy Infrastructure Corp seeks to provide a high level of current income to stockholders. It invests in fixed income and dividend-paying equity securities of power and energy infrastructure companies that provide stable and defensive characteristics throughout economic cycles.