MYR Group (FRA:MYP) Accounts Payable & Accrued Expense : €297 Mil (As of Mar. 2024)

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What is MYR Group Accounts Payable & Accrued Expense?

MYR Group's quarterly accounts payable & accrued expense increased from Sep. 2023 (€355 Mil) to Dec. 2023 (€405 Mil) but then declined from Dec. 2023 (€405 Mil) to Mar. 2024 (€297 Mil).

MYR Group's annual accounts payable & accrued expense increased from Dec. 2021 (€225 Mil) to Dec. 2022 (€361 Mil) and increased from Dec. 2022 (€361 Mil) to Dec. 2023 (€405 Mil).

MYR Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for MYR Group'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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MYR Group Accounts Payable & Accrued Expense Chart

MYR Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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199.39

173.32

224.66

360.61

405.09

MYR Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															274.89	311.70	355.35	405.09	296.67

MYR Group 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.

MYR Group (FRA:MYP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MYR Group Inc (FRA:MYP) » Definitions » Accounts Payable & Accrued Expense

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MYRG:USA

Address

12121 Grant Street, Suite 610, Thornton, CO, USA, 80241

Website

https://www.myrgroup.com

MYR Group Inc is a U.S.-based holding company that provides specialty electrical construction services through its subsidiaries. The company operates through two segments. The transmission and distribution segment provides designing, engineering, procurement, construction, upgrade, maintenance, and repair services on transmission and distribution network and substation facilities. The commercial and industrial segment provides services such as the design, installation, maintenance, and repair of commercial and industrial wiring, installation of traffic networks, and the installation of bridges. MYR Group generates the majority of its sales from the United States and Canada.

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