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Monro (FRA:MR2) Accounts Payable & Accrued Expense : €331 Mil (As of Dec. 2023)


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What is Monro Accounts Payable & Accrued Expense?

Monro's quarterly accounts payable & accrued expense declined from Jun. 2023 (€327 Mil) to Sep. 2023 (€323 Mil) but then increased from Sep. 2023 (€323 Mil) to Dec. 2023 (€331 Mil).

Monro's annual accounts payable & accrued expense increased from Mar. 2021 (€154 Mil) to Mar. 2022 (€184 Mil) and increased from Mar. 2022 (€184 Mil) to Mar. 2023 (€304 Mil).


Monro Accounts Payable & Accrued Expense Historical Data

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

Monro Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 143.88 142.38 153.64 184.18 304.44

Monro 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 288.48 304.44 327.00 323.29 330.80

Monro 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.


Monro (FRA:MR2) Business Description

Industry
Traded in Other Exchanges
Address
200 Holleder Parkway, Rochester, NY, USA, 14615
Monro Inc is a provider automobile service stations in the United States. Through its network of company-owned service stations, Monro Muffler Brake offers maintenance, repair, tire, and fleet management services for automobiles focused largely on undercar services such as brake, steering, exhaust, drivetrain, and suspension systems. Next to service stores, the company also offers tire stores specialised in tire replacement and service.

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