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MasTec (FRA:MY8) Accounts Payable & Accrued Expense

: €1,359 Mil (As of Mar. 2023)
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MasTec's quarterly accounts payable & accrued expense increased from Sep. 2022 (€1,401 Mil) to Dec. 2022 (€1,565 Mil) but then declined from Dec. 2022 (€1,565 Mil) to Mar. 2023 (€1,359 Mil).

MasTec's annual accounts payable & accrued expense increased from Dec. 2020 (€735 Mil) to Dec. 2021 (€970 Mil) and increased from Dec. 2021 (€970 Mil) to Dec. 2022 (€1,565 Mil).

MasTec Accounts Payable & Accrued Expense Historical Data

The historical data trend for MasTec'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.

* Premium members only.

MasTec Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 784.91 664.36 735.06 970.08 1,564.89

MasTec Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Accounts Payable & Accrued Expense 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 Premium Member Only Premium Member Only Premium Member Only 1,036.51 1,167.48 1,400.69 1,564.89 1,359.11

MasTec 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.

MasTec (FRA:MY8) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MasTec Inc (FRA:MY8) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
MTZ:USA
Address
800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134
Website
https://www.mastec.com
MasTec Inc is a leading infrastructure construction company operating primarily throughout North America. Its principal activities include engineering, building, installation, maintenance, and upgrades of communications, energy, and utility infrastructure. The company installs wireless, wireline, and satellite communications; oil and gas pipeline infrastructure; conventional and renewable power generation; and other industrial systems. MasTec has five operating segments: Communications, Oil and Gas, Power Delivery, Clean Energy and Infrastructure, and Others. The majority of its revenue is derived from the Communications segments. The company markets services individually and in combination with other companies to provide a wide range of solutions for customers.

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