Siemens Gamesa Renewable Energy (WBO:SGRE) Accounts Payable & Accrued Expense : €3,368 Mil (As of Dec. 2022)

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What is Siemens Gamesa Renewable Energy Accounts Payable & Accrued Expense?

Siemens Gamesa Renewable Energy's quarterly accounts payable & accrued expense increased from Jun. 2022 (€3,260 Mil) to Sep. 2022 (€3,812 Mil) but then declined from Sep. 2022 (€3,812 Mil) to Dec. 2022 (€3,368 Mil).

Siemens Gamesa Renewable Energy's annual accounts payable & accrued expense increased from Sep. 2020 (€3,076 Mil) to Sep. 2021 (€3,260 Mil) and increased from Sep. 2021 (€3,260 Mil) to Sep. 2022 (€3,812 Mil).

Siemens Gamesa Renewable Energy Accounts Payable & Accrued Expense Historical Data

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

Siemens Gamesa Renewable Energy Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Sep18

Sep19

Sep20

Sep21

Sep22

Accounts Payable & Accrued Expense

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2,906.65

3,034.82

3,075.57

3,259.97

3,811.57

Siemens Gamesa Renewable Energy Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,713.00	2,928.18	3,260.00	3,811.57	3,368.00

Siemens Gamesa 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.

Siemens Gamesa Renewable Energy (WBO:SGRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siemens Gamesa Renewable Energy SA (WBO:SGRE) » Definitions » Accounts Payable & Accrued Expense

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Address

Parque Tecnologico de Bizkaia, Building 222, Vizcaya, Zamudio, ESP, 48170

Website

https://www.siemensgamesa.com

Siemens Gamesa is a leading manufacturer of onshore and offshore wind turbines. The company is the product of the merger between Siemens Wind Power and Gamesa in 2017. The firm operates in two business segments: wind turbines and services. Siemens Gamesa retained its position as the leading installer of offshore turbines in 2020. Siemens Energy (a recent spinoff from Siemens AG) has announced the takeover and delisting of Siemens Gamesa.

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