Matthews International (Matthews International) Accounts Payable & Accrued Expense

: $105 Mil (As of Dec. 2023)

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Matthews International's quarterly accounts payable & accrued expense increased from Jun. 2023 ($116 Mil) to Sep. 2023 ($127 Mil) but then declined from Sep. 2023 ($127 Mil) to Dec. 2023 ($105 Mil).

Matthews International's annual accounts payable & accrued expense increased from Sep. 2021 ($117 Mil) to Sep. 2022 ($131 Mil) but then declined from Sep. 2022 ($131 Mil) to Sep. 2023 ($127 Mil).

Matthews International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Matthews International'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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Matthews International Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

80.56

86.53

116.96

130.64

126.88

Matthews International 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																108.86	123.05	115.60	126.88	104.86

Matthews International 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.

Matthews International (Matthews International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Matthews International Corp (NAS:MATW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MW1A:Germany MW1A:Germany

Address

Two Northshore Center, Pittsburgh, PA, USA, 15212-5851

Website

https://www.matw.com

Matthews International Corp is a personal services company that primarily provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews' revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company's Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes a significant amount. Most of Matthews' revenue is generated from sales made in the U.S., while European customers also contribute a sizable percentage.

Executives

Aleta W. Richards	director	TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Joseph C Bartolacci	officer: President, York Casket Divisio
Ronald C Awenowicz	officer: SVP, Global Compliance & HR	TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Lee Lane	officer: SVP Matthews Automation Soluti	TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Reena Gurtner	officer: SVP, Global Talent & HR	241 RIVER VALLEY ROAD, GIANURN BUILDING, LEVEL 4, SINGAPORE U0 238298
Brian J Dunn	officer: President, Marking Products Di
Steven F Nicola	officer: Chief Financial Officer
David A Schawk	director, officer: President, Brand Solutions	674 SKYE LANE, BARRINGTON IL 60010
Lillian Etzkorn	director	1570 FOREST LANE, BLOOMFIELD HILLS MI 48301
Brady Edward M Jr	officer: Chief Information Officer	TWO NORTH SHORE CENTER, PITTSBURGH PA 15212
Tunon Alvaro Garcia	director
Davor Brkovich	officer: Chief Information Officer	252 PARKWEST DRIVE, PITTSBURGH PA 15275
Gary Raymond Kohl	officer: President SGK	52 WOODLAND AVENUE, GLEN RIDGE NJ 07028
Robert M Marsh	officer: Treasurer	108 NANTUCKET DRIVE, PITTSBURGH PA 15238
Brian D Walters	officer: V.P. and General Counsel	TWO NORTHSHORE CENTER, PITTSBURGH PA 15212