MMG (HKSE:01208) Accounts Payable & Accrued Expense : HK$5,628 Mil (As of Dec. 2023)

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What is MMG Accounts Payable & Accrued Expense?

MMG's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$5,058 Mil) to Jun. 2023 (HK$5,614 Mil) and increased from Jun. 2023 (HK$5,614 Mil) to Dec. 2023 (HK$5,628 Mil).

MMG's annual accounts payable & accrued expense declined from Dec. 2021 (HK$5,682 Mil) to Dec. 2022 (HK$5,058 Mil) but then increased from Dec. 2022 (HK$5,058 Mil) to Dec. 2023 (HK$5,628 Mil).

MMG Accounts Payable & Accrued Expense Historical Data

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

MMG Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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4,633.53

3,820.91

5,682.35

5,058.17

5,627.74

MMG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5,682.35	4,478.13	5,058.17	5,613.91	5,627.74

MMG 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.

MMG (HKSE:01208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MMG Ltd (HKSE:01208) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MMLTF:USA OMS1:Germany

Address

79 Chatham Road South, Unit 1208, 12th Floor, China Minmetals Tower, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.mmg.com

MMG Ltd is engaged in the exploration, development, and mining of zinc, copper, gold, silver, and lead deposits around the world. The group has five reportable operating segments namely Dugald River, Kinsevere, Rosebery, Las Bambas, and others. Las Bambas mine is an open-pit, scalable, long-life copper and molybdenum mining operation; Kinsevere is an open-pit copper mining operation located in the Haut-Katanga Province; Dugald River mine is an underground zinc mining operation located near Cloncurry in North West Queensland; Rosebery is an underground polymetallic base metal mining operation located on Tasmania's west coast; and Other Includes corporate entities in the Group. The majority is from the Las Bambas segment. The key revenue by metal is derived from Copper.

Executives

Ai Bang Qi Ye You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Wu Kuang Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Wu Kuang Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Wu Kuang Xiang Gang Kong Gu You Xian Gong Si	2101 Beneficial owner
Wu Kuang You Se Jin Shu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Wu Kuang You Se Jin Shu Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you

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