AlfaB de CV (AlfaB de CV) Accounts Payable & Accrued Expense : $3,379 Mil (As of Dec. 2023)

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What is AlfaB de CV Accounts Payable & Accrued Expense?

AlfaB de CV's quarterly accounts payable & accrued expense declined from Jun. 2023 ($2,584 Mil) to Sep. 2023 ($2,506 Mil) but then increased from Sep. 2023 ($2,506 Mil) to Dec. 2023 ($3,379 Mil).

AlfaB de CV's annual accounts payable & accrued expense increased from Dec. 2021 ($3,060 Mil) to Dec. 2022 ($3,291 Mil) and increased from Dec. 2022 ($3,291 Mil) to Dec. 2023 ($3,379 Mil).

AlfaB de CV Accounts Payable & Accrued Expense Historical Data

The historical data trend for AlfaB de CV'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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AlfaB de CV Accounts Payable & Accrued Expense Chart

AlfaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,908.70

2,658.86

3,059.57

3,291.50

3,378.65

AlfaB de CV 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															3,291.50	2,543.52	2,583.60	2,505.90	3,378.65

AlfaB de CV 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.

AlfaB de CV (AlfaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Alfa SAB de CV (OTCPK:ALFFF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ALFAA:Mexico XALFA:Spain

Address

Avenue Gomez Morin Sur No. 1111, Colonia Carrizalejo, San Pedro Garza García, NL, MEX, 66254

Website

https://www.alfa.com.mx

Alfa SAB de CV is a Mexican company controlling three principal businesses: Alpek; Sigma and Axtel. The segments of the company are: 1) Alpek, This segment operates in the petrochemical and synthetic fibers industry, and its revenues are derived from sales of its products: polyester, plastics and chemicals. 2) Sigma, This segment operates in the refrigerated food sector and its revenues are derived from sales of its main products: deli meats, dairy and other processed foods. 3) Axtel, This segment operates in the telecommunications sector and its revenues are derived from the provision of data transmission services, internet and long-distance phone service. 4) Other segments, include all other companies operating in business services and others that are non-reportable segments.