Banco Macro (Banco Macro) Accounts Payable & Accrued Expense

: $814 Mil (As of Sep. 2023)

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Banco Macro's quarterly accounts payable & accrued expense increased from Mar. 2023 ($551 Mil) to Jun. 2023 ($1,041 Mil) but then declined from Jun. 2023 ($1,041 Mil) to Sep. 2023 ($814 Mil).

Banco Macro's annual accounts payable & accrued expense increased from Dec. 2020 ($1,092 Mil) to Dec. 2021 ($1,353 Mil) but then declined from Dec. 2021 ($1,353 Mil) to Dec. 2022 ($534 Mil).

Banco Macro Accounts Payable & Accrued Expense Historical Data

The historical data trend for Banco Macro'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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Banco Macro Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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400.35

456.55

1,091.86

1,353.50

534.45

Banco Macro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															433.05	534.45	550.70	1,041.06	813.74

Banco Macro 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.

Banco Macro (Banco Macro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Macro SA (NYSE:BMA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

B4W:Germany B4W:Germany BMA:Argentina

Address

Avenida Eduardo Madero 1182, City of Buenos Aires, ARG, 1172

Website

https://www.macro.com.ar

Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. It generates the majority of its revenue from Argentina.