Minerva (BSP:BEEF3) Accounts Payable & Accrued Expense : R$5,941 Mil (As of Dec. 2023)

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What is Minerva Accounts Payable & Accrued Expense?

Minerva's quarterly accounts payable & accrued expense increased from Jun. 2023 (R$4,495 Mil) to Sep. 2023 (R$4,792 Mil) and increased from Sep. 2023 (R$4,792 Mil) to Dec. 2023 (R$5,941 Mil).

Minerva's annual accounts payable & accrued expense increased from Dec. 2021 (R$5,740 Mil) to Dec. 2022 (R$6,042 Mil) but then declined from Dec. 2022 (R$6,042 Mil) to Dec. 2023 (R$5,941 Mil).

Minerva Accounts Payable & Accrued Expense Historical Data

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

Minerva Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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2,753.41

4,185.82

5,739.52

6,042.13

5,941.47

Minerva 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															6,042.13	4,606.78	4,494.92	4,792.18	5,941.47

Minerva 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.

Minerva (BSP:BEEF3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Minerva SA (BSP:BEEF3) » Definitions » Accounts Payable & Accrued Expense

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MRVSY:USA

Address

Avenida Antonio Manco Bernardes s/n, Chacara Minerva, Barretos, SP, BRA, 14781-545

Website

https://www.minervafoods.com

Minerva SA produces and markets beef and other meat products out of South America. It exports processed meat products, leather, and live cattle internationally. Partnerships with ranchers are enhanced by ideas and information exchange through lectures and training. It has several different facilities to help with processing. Slaughtering and boning plants acquire the livestock and kick-start the process. A processing plant works on turning raw materials into finished products, and distribution centers are located around the globe to ensure quality and timely deliveries. International trading offices are strategically placed to help strengthen relationships in different regions.

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