Magellan Aerospace (Magellan Aerospace) Accounts Payable : $105.9 Mil (As of Mar. 2024)

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What is Magellan Aerospace Accounts Payable?

Magellan Aerospace's Accounts Payable for the quarter that ended in Mar. 2024 was $105.9 Mil.

Magellan Aerospace's quarterly Accounts Payable declined from Sep. 2023 ($103.4 Mil) to Dec. 2023 ($49.2 Mil) but then increased from Dec. 2023 ($49.2 Mil) to Mar. 2024 ($105.9 Mil).

Magellan Aerospace's annual Accounts Payable increased from Dec. 2021 ($40.7 Mil) to Dec. 2022 ($51.0 Mil) but then declined from Dec. 2022 ($51.0 Mil) to Dec. 2023 ($49.2 Mil).

Magellan Aerospace Accounts Payable Historical Data

The historical data trend for Magellan Aerospace's Accounts Payable 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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Magellan Aerospace Accounts Payable Chart

Magellan Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable

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64.99

35.27

40.70

51.02

49.18

Magellan Aerospace Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable	Get a 7-Day Free Trial															113.11	104.11	103.40	49.18	105.88

Magellan Aerospace Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Magellan Aerospace Accounts Payable Related Terms

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Magellan Aerospace (Magellan Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Magellan Aerospace Corp (OTCPK:MALJF) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

4M7A:Germany MAL:Canada

Address

3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9

Website

https://www.magellan.aero

Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.