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GuruFocus has detected 3 Warning Signs with Banco Macro SA $BMA.
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Banco Macro SA (NYSE:BMA)
Accounts Payable & Accrued Expense
$8 Mil (As of Mar. 2017)

Banco Macro SA's quarterly accounts payable & accrued expense increased from Sep. 2016 ($51 Mil) to Dec. 2016 ($94 Mil) but then declined from Dec. 2016 ($94 Mil) to Mar. 2017 ($8 Mil).

Banco Macro SA's annual accounts payable & accrued expense increased from Dec. 2014 ($26 Mil) to Dec. 2015 ($119 Mil) but then declined from Dec. 2015 ($119 Mil) to Dec. 2016 ($94 Mil).


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.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Banco Macro SA Annual Data

Accounts Payable & Accrued Expense 1534130241356532611994

Banco Macro SA Quarterly Data

Accounts Payable & Accrued Expense 0005860328451948
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