SUME (Summer Energy Holdings) Current Accrued Expense : $49.7 Mil (As of Jun. 2024)

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What is Summer Energy Holdings Current Accrued Expense?

Summer Energy Holdings's Current Accrued Expense for the quarter that ended in Jun. 2024 was $49.7 Mil.

Summer Energy Holdings's quarterly Current Accrued Expense declined from Dec. 2023 ($64.0 Mil) to Mar. 2024 ($54.7 Mil) and declined from Mar. 2024 ($54.7 Mil) to Jun. 2024 ($49.7 Mil).

Summer Energy Holdings's annual Current Accrued Expense increased from Dec. 2021 ($66.6 Mil) to Dec. 2022 ($70.6 Mil) but then declined from Dec. 2022 ($70.6 Mil) to Dec. 2023 ($64.0 Mil).

Summer Energy Holdings Current Accrued Expense Historical Data

The historical data trend for Summer Energy Holdings's Current 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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Summer Energy Holdings Current Accrued Expense Chart

Summer Energy Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec21

Dec22

Dec23

Current Accrued Expense

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20.99

27.67

66.56

70.64

63.99

Summer Energy Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Current Accrued Expense	Get a 7-Day Free Trial															51.41	74.73	63.99	54.75	49.74

Summer Energy Holdings Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Summer Energy Holdings Current Accrued Expense Related Terms

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Summer Energy Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Summer Energy Holdings Inc (OTCPK:SUME) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

5847 San Felipe Street, Suite 3700, Houston, TX, USA, 77057

Website

https://www.summerenergy.com

Summer Energy Holdings Inc operates as a retail electricity provider. The company sells electricity and provides related billing, customer service, collections, and remittance services to residential and commercial customers. It derives revenue from the sale of electricity to residential and small commercial customers.

Executives

Jaleea Pyle George	director, officer: CFO, Secretary	5847 SAN FELIPE STREET, #3700, HOUSTON TX 77057
James P Stapleton	director
Andrew Bursten	director	800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Jeffery Mace Meeks	director	800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Tom Davis Oleary	director, 10 percent owner	5847 SAN FELIPE STREET, #3700, HOUSTON TX 77057
Stuart Charles Gaylor	director	7807 MAIN STREET, HOUSTON TX 77030
Neil Leibman	director, 10 percent owner, officer: CEO, President	5847 SAN FELIPE STREET, #3700, HOUSTON TX 77057
Kelli Jean Mitchell	officer: Chief Operating Officer	5847 SAN FELIPE STREET, SUITE 3700, HOUSTON TX 77057
Albert Jr Larose	director	24918 PALMER COVE DRIVE, SPRING TX 77389
Angela Hanley	officer: Sr VP of Operations & Mktg	800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Maa Holdings, Ltd.	10 percent owner	515 W. FRIAR TUCK LANE, HOUSTON TX 77024
Michael D Vanderhoof	director	PO BOX 715, OAKLEY UT 84055
Tom M. Davis Family Lands Trust	10 percent owner	800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Meryl Lee Roberts	10 percent owner	800 BERING DRIVE, SUITE 260, HOUSTON TX 77057
Andrew J. Priest	director	800 BERING DRIVE, SUITE 260, HOUSTON TX 77057

Summer Energy Holdings Headlines

From GuruFocus

Summer Energy Holdings Inc (sume) CFO, Secretary Jaleea Pyle George Bought $205,880 of Shares

By [email protected] insider • 06-24-2020