Morningstar (STU:MRS) Accounts Payable & Accrued Expense : €66 Mil (As of Mar. 2024)

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What is Morningstar Accounts Payable & Accrued Expense?

Morningstar's quarterly accounts payable & accrued expense increased from Sep. 2023 (€66 Mil) to Dec. 2023 (€72 Mil) but then declined from Dec. 2023 (€72 Mil) to Mar. 2024 (€66 Mil).

Morningstar's annual accounts payable & accrued expense increased from Dec. 2021 (€68 Mil) to Dec. 2022 (€72 Mil) but then declined from Dec. 2022 (€72 Mil) to Dec. 2023 (€72 Mil).

Morningstar Accounts Payable & Accrued Expense Historical Data

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

Morningstar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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53.01

53.02

67.70

71.93

71.89

Morningstar 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															65.01	63.69	65.68	71.89	66.24

Morningstar 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.

Morningstar (STU:MRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Morningstar Inc (STU:MRS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MORN:USA MRS:Germany

Address

22 West Washington Street, Chicago, IL, USA, 60602

Website

https://www.morningstar.com

Morningstar Inc is a provider of independent investment research to financial advisers, asset managers, and investors. The company focuses its operations on two core sectors: data and research. It offers data on investments such as mutual funds, stocks, exchange-traded funds, closed-end funds, separate accounts, and variable annuities. Further, the company tracks real-time market data of equity, derivative, and currency exchanges and other investments. In its research operation, Morningstar offers analyst research on passive and active mutual funds, alternative funds, and college saving plans. Morningstar's largest share of revenue is generated in the United States of America.

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