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Martinrea International (TSX:MRE) Accounts Payable & Accrued Expense : C$1,202 Mil (As of Dec. 2023)


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What is Martinrea International Accounts Payable & Accrued Expense?

Martinrea International's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$1,388 Mil) to Sep. 2023 (C$1,417 Mil) but then declined from Sep. 2023 (C$1,417 Mil) to Dec. 2023 (C$1,202 Mil).

Martinrea International's annual accounts payable & accrued expense increased from Dec. 2021 (C$1,122 Mil) to Dec. 2022 (C$1,355 Mil) but then declined from Dec. 2022 (C$1,355 Mil) to Dec. 2023 (C$1,202 Mil).


Martinrea International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Martinrea 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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Martinrea International Accounts Payable & Accrued Expense Chart

Martinrea International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 735.48 981.18 1,122.31 1,354.60 1,201.60

Martinrea 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 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 1,354.60 1,446.55 1,388.37 1,416.78 1,201.60

Martinrea 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.


Martinrea International (TSX:MRE) Business Description

Traded in Other Exchanges
Address
3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2
Martinrea International Inc is a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids. The company also provides metal forming and welding solutions. The largest end market for Martinrea's products in North America.

Martinrea International (TSX:MRE) Headlines

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