3M Co (FRA:MMM) Accounts Payable & Accrued Expense : €5,076 Mil (As of Dec. 2023)

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What is 3M Co Accounts Payable & Accrued Expense?

3M Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (€3,866 Mil) to Sep. 2023 (€3,963 Mil) and increased from Sep. 2023 (€3,963 Mil) to Dec. 2023 (€5,076 Mil).

3M Co's annual accounts payable & accrued expense increased from Dec. 2021 (€4,718 Mil) to Dec. 2022 (€4,823 Mil) and increased from Dec. 2022 (€4,823 Mil) to Dec. 2023 (€5,076 Mil).

3M Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for 3M Co'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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3M Co Accounts Payable & Accrued Expense Chart

3M Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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3,568.50

3,744.21

4,717.94

4,822.90

5,075.60

3M Co 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															4,822.90	3,737.87	3,865.52	3,962.57	5,075.60

3M Co 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.

3M Co (FRA:MMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » 3M Co (FRA:MMM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MMM:USA MMM:Mexico 1MMM:Italy MMMd:UK MMM:Germany MMM:Chile MMM:Switzerland MMMC34:Brazil MMM:Austria MMM:Argentina

Address

3M Center, St. Paul, MN, USA, 55144

Website

https://www.3m.com

3M is a multinational conglomerate that has operated since 1902, when it was known as Minnesota Mining and Manufacturing. The company is well known for its research and development laboratory and it leverages its science and technology across multiple product categories. As of 2020, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. Nearly 50% of the company's revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of net sales. Many of the company's 60,000-plus products touch and concern a variety of consumers and end markets.