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Prepaid Expenses for Plug Power Inc

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PLUN: Plug Power Inc

Plug Power Inc. develops hydrogen fuel cells product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen fueled proton exchange membrane (PEM) fuel c...

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Metric Usage: Prepaid Expenses

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prepaid_exp
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number
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text
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current
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FY, Q
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Free
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To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Prepaid Expenses in the financials category include:

  • Net Income (CF) - This item represents the net earnings for the given period, as reported by the companies following indirect method of calculating cash flows from operations. In cases where the companies follow direct method of cash flow, this line item will be picked from income statement.
  • Extraordinary Item & Account Change - This item represents the extraordinary income (loss) and also includes the cumulative effect of change in the accounting policies of the company, reported by the company after net income from continuing and discontinued operations.
  • Weighted Average Diluted Shares Out. - The number of shares held by shareholders including insiders but not including a company's treasury shares assuming conversion of all convertible debt, securities, warrants and options, sourced from the company 10-K or 10-Q SEC reports.
  • Change in Net Working Capital - Periodic change in Net Working Capital.
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Prepaid Expenses

A current asset created by prepayment of costs and expenses for which the benefits will occur at a future date.

Definition of Prepaid Expenses

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Plug Power reported prepaid expenses of 104.8 M for the latest quarter ending December 31, 2024 on its balance sheet.

The tables below summarizes Plug Power’s Prepaid Expenses and common size over the last five years:

Fiscal YearPrepaid ExpensesAssets% Assets
2020-12-3123.717 M1.843 B1.3%
2021-12-3149.367 M5.228 B0.9%
2022-12-31137.6 M5.383 B2.6%
2023-12-3194.265 M4.441 B2.1%
2024-12-31104.8 M3.478 B3.0%

The tables below summarizes Plug Power’s Prepaid Expenses and common size over the last four quarters:

Quarter EndingPrepaid ExpensesAssets% Assets
2024-03-31110.6 M4.492 B2.5%
2024-06-30116.6 M4.462 B2.6%
2024-09-30112.1 M4.243 B2.6%
2024-12-31104.8 M3.478 B3.0%

Click the link below to download a spreadsheet with an example Prepaid Expenses calculation for Plug Power Inc below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-794.178 K8.206 M17.206 M32.564 M50150250

The chart above depicts the distribution of prepaid expenses for companies operating in the Industrials sector in the Developed economic region. Over 3,970 companies were considered in this analysis, and 1,062 had meaningful values. The average prepaid expenses of companies in the sector is 4.649 M with a standard deviation of 7.114 M.

Plug Power Inc's Prepaid Expenses of 104.8 M is significantly outside the interquartile range and is excluded from the distribution. The following table provides additional summary stats:

Prepaid Expenses In The Industrials Sector
Economic Risk RegionDeveloped
Total Constituents3,972
Included Constituents1,062
Min0.062 K
Max31.77 M
Median1.242 M
Mean4.649 M
Standard Deviation7.114 M

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