Minh Phu Seafood Group (STC:MPC) Accounts Payable & Accrued Expense : ₫719,725 Mil (As of Mar. 2024)

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What is Minh Phu Seafood Group Accounts Payable & Accrued Expense?

Minh Phu Seafood Group's quarterly accounts payable & accrued expense declined from Sep. 2023 (₫681,293 Mil) to Dec. 2023 (₫551,360 Mil) but then increased from Dec. 2023 (₫551,360 Mil) to Mar. 2024 (₫719,725 Mil).

Minh Phu Seafood Group's annual accounts payable & accrued expense increased from Dec. 2021 (₫503,740 Mil) to Dec. 2022 (₫607,634 Mil) but then declined from Dec. 2022 (₫607,634 Mil) to Dec. 2023 (₫551,360 Mil).

Minh Phu Seafood Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Minh Phu Seafood 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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Minh Phu Seafood Group Accounts Payable & Accrued Expense Chart

Minh Phu Seafood Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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685,369.90

350,964.59

503,740.03

607,633.71

551,360.47

Minh Phu Seafood 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															468,317.61	499,558.57	681,293.13	551,360.47	719,724.51

Minh Phu Seafood 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.

Minh Phu Seafood Group (STC:MPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Minh Phu Seafood Group Corp (STC:MPC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MPC:Vietnam

Address

Industrial Zone, Ward 8, Ca Mau Province, Ca Mau, VNM

Website

http://www.minhphu.com

Minh Phu Seafood Group Corp is involved in the business of processing and exporting seafood. The company provides feeding shrimps, biological products, and commercial shrimps. The activity of the company is to process and trade in aquatic breeds and aquatic foods; and to trade in machinery and equipment for aquaculture. It operates in four business segments: aquaculture products breeding; aquatic products processing; aquatic products trading and Others.