American Electric Power Other accrued liabilities decreased by 7.7% to $1.18B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 12.7%, from $1.35B to $1.18B. Over 2 years (FY 2020 to FY 2022), Other accrued liabilities shows relatively stable performance with a 3.2% CAGR.
Significant changes should be analyzed to determine if they represent one-time adjustments or shifts in operational expense timing.
This represents miscellaneous short-term obligations that do not fall into standard categories like accounts payable or...
Standard residual category; peers report this as other current liabilities.
current_liabilities_other_liabilities_current| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $1.01B | $1.18B | $1.37B | $1.21B | $1.34B | $1.35B | $1.28B | $1.18B |
| QoQ Change | — | +17.1% | +15.8% | -11.9% | +11.1% | +0.8% | -5.4% | -7.7% |
| YoY Change | — | — | — | — | +32.7% | +14.3% | -6.6% | -12.7% |