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Mercantil Servicios Financieros CA (Mercantil Servicios Financieros CA) Accounts Payable & Accrued Expense : $41.8 Mil (As of Dec. 2023)


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What is Mercantil Servicios Financieros CA Accounts Payable & Accrued Expense?

Mercantil Servicios Financieros CA's quarterly accounts payable & accrued expense declined from Jun. 2023 ($32.5 Mil) to Sep. 2023 ($0.0 Mil) but then increased from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($41.8 Mil).

Mercantil Servicios Financieros CA's annual accounts payable & accrued expense increased from Dec. 2021 ($17.1 Mil) to Dec. 2022 ($28.6 Mil) and increased from Dec. 2022 ($28.6 Mil) to Dec. 2023 ($41.8 Mil).


Mercantil Servicios Financieros CA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mercantil Servicios Financieros CA'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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Mercantil Servicios Financieros CA Accounts Payable & Accrued Expense Chart

Mercantil Servicios Financieros CA 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 18.94 10.48 17.06 28.63 41.80

Mercantil Servicios Financieros CA 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 28.63 - 32.47 - 41.80

Mercantil Servicios Financieros CA 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.


Mercantil Servicios Financieros CA (Mercantil Servicios Financieros CA) Business Description

Traded in Other Exchanges
Address
Avenida Andres Bello, No. 1 Edificio Banco, Mercantil, Caracas, VEN
Mercantil Servicios Financieros CA is a Venezuela-based financial services provider. It offers, through its subsidiaries, a full range of financial products and services in the banking, insurance and wealth management businesses in the Americas and Europe. It provides financial and general banking services to corporate, middle market and retail customers. Third party asset management and securities brokerage services are provided in Venezuela and other jurisdictions, as well as insurance services in Venezuela and Panama. The company generates the majority of its revenue from Venezuela.

Mercantil Servicios Financieros CA (Mercantil Servicios Financieros CA) Headlines

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