Molson Coors Beverage Co (STU:NY7) Accounts Payable & Accrued Expense : €2,281 Mil (As of Dec. 2023)

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What is Molson Coors Beverage Co Accounts Payable & Accrued Expense?

Molson Coors Beverage Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (€3,144 Mil) to Sep. 2023 (€3,147 Mil) but then declined from Sep. 2023 (€3,147 Mil) to Dec. 2023 (€2,281 Mil).

Molson Coors Beverage Co's annual accounts payable & accrued expense increased from Dec. 2021 (€2,152 Mil) to Dec. 2022 (€2,262 Mil) and increased from Dec. 2022 (€2,262 Mil) to Dec. 2023 (€2,281 Mil).

Molson Coors Beverage Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Molson Coors Beverage 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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Molson Coors Beverage Co Accounts Payable & Accrued Expense Chart

Molson Coors Beverage Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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1,864.89

1,719.38

2,152.41

2,261.54

2,281.22

Molson Coors Beverage 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															2,261.54	2,702.53	3,144.38	3,147.29	2,281.22

Molson Coors Beverage 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.

Molson Coors Beverage Co (STU:NY7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Molson Coors Beverage Co (STU:NY7) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

TAP.A:USA TAP:USA NY7:Germany

Address

NH353, P.O. Box 4030, Golden, CO, USA, 80401

Website

https://www.molsoncoors.com

Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second largest beer maker in both value and volume terms in the U.S., Canada, and the United Kingdom. Through licensing agreements, it also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The company uses independent distributors in the U.S. given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market contributing over 80% of total revenue.

Molson Coors Beverage Co (STU:NY7) Headlines

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