Naturgy Energy Group (XMAD:NTGY) Accounts Payable & Accrued Expense : €3,433 Mil (As of Dec. 2023)

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What is Naturgy Energy Group Accounts Payable & Accrued Expense?

Naturgy Energy Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (€4,952 Mil) to Jun. 2023 (€3,444 Mil) and declined from Jun. 2023 (€3,444 Mil) to Dec. 2023 (€3,433 Mil).

Naturgy Energy Group's annual accounts payable & accrued expense increased from Dec. 2021 (€4,013 Mil) to Dec. 2022 (€4,952 Mil) but then declined from Dec. 2022 (€4,952 Mil) to Dec. 2023 (€3,433 Mil).

Naturgy Energy Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Naturgy Energy Group'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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Naturgy Energy Group Accounts Payable & Accrued Expense Chart

Naturgy Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,679.00

3,111.00

4,013.00

4,952.00

3,433.00

Naturgy Energy Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,013.00	5,836.00	4,952.00	3,444.00	3,433.00

Naturgy Energy Group 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.

Naturgy Energy Group (XMAD:NTGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Naturgy Energy Group SA (XMAD:NTGY) » Definitions » Accounts Payable & Accrued Expense

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Address

Avenida de Avenida de America 38, Madrid, ESP

Website

https://www.naturgy.com

Naturgy stems from the acquisition of Union Fenosa in 2008. The company operates across the gas value chain, from procurement to distribution and marketing. It owns and operates the largest gas distribution network in Spain and is the leader in retail gas supply. The company also owns and operates gas and electricity distribution networks in Latin America. The company owns 16.20 GW of generation capacity including 3.30 GW of wind and solar.

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