GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Morguard Corp (OTCPK:MRCBF) » Definitions » Accounts Payable & Accrued Expense

Morguard (Morguard) Accounts Payable & Accrued Expense : $159.8 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Morguard Accounts Payable & Accrued Expense?

Morguard's quarterly accounts payable & accrued expense declined from Jun. 2023 ($184.1 Mil) to Sep. 2023 ($179.7 Mil) and declined from Sep. 2023 ($179.7 Mil) to Dec. 2023 ($159.8 Mil).

Morguard's annual accounts payable & accrued expense increased from Dec. 2021 ($154.3 Mil) to Dec. 2022 ($156.6 Mil) and increased from Dec. 2022 ($156.6 Mil) to Dec. 2023 ($159.8 Mil).


Morguard Accounts Payable & Accrued Expense Historical Data

The historical data trend for Morguard'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.

* Premium members only.

Morguard Accounts Payable & Accrued Expense Chart

Morguard Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 143.21 140.57 154.25 156.62 159.81

Morguard Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 156.62 181.55 184.14 179.74 159.81

Morguard 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.


Morguard (Morguard) Business Description

Industry
Traded in Other Exchanges
Address
55 City Centre Drive, Suite 1000, Legal Department, Mississauga, ON, CAN, L5B 1M3
Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through three business divisions: investments in real property, ownership in real estate investment trusts (including Morguard REIT and Morguard North American Residential REIT), and real estate advisory services and portfolio management. This advisory segment focuses on publicly traded equities and fixed-income securities for institutional clients and private investors. Morguard owns a portfolio of residential, retail, office, industrial, and hotel properties. The company also offers real estate management services and property investment advisory services.

Morguard (Morguard) Headlines

From GuruFocus

Morguard Corp - A Deep Value Canadian Real Estate Stock

By Praveen Chawla Praveen Chawla 03-16-2021