Banco Mercantil do Brasil (BSP:BMEB4) Accounts Payable & Accrued Expense : R$402 Mil (As of Dec. 2023)

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What is Banco Mercantil do Brasil Accounts Payable & Accrued Expense?

Banco Mercantil do Brasil's quarterly accounts payable & accrued expense declined from Jun. 2023 (R$402 Mil) to Sep. 2023 (R$399 Mil) but then increased from Sep. 2023 (R$399 Mil) to Dec. 2023 (R$402 Mil).

Banco Mercantil do Brasil's annual accounts payable & accrued expense increased from Dec. 2021 (R$294 Mil) to Dec. 2022 (R$305 Mil) and increased from Dec. 2022 (R$305 Mil) to Dec. 2023 (R$402 Mil).

Banco Mercantil do Brasil Accounts Payable & Accrued Expense Historical Data

The historical data trend for Banco Mercantil do Brasil'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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Banco Mercantil do Brasil Accounts Payable & Accrued Expense Chart

Banco Mercantil do Brasil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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204.07

227.85

294.07

304.95

401.72

Banco Mercantil do Brasil Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															327.62	304.95	401.52	399.05	401.72

Banco Mercantil do Brasil 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.

Banco Mercantil do Brasil (BSP:BMEB4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Mercantil do Brasil SA (BSP:BMEB4) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

BMEB3:Brazil

Address

R Rio de Janeiro 654, Belo Horizonte,, MG, BRA, 30160912

Website

http://www.mercantildobrasil.com.br

Banco Mercantil do Brasil SA offers commercial banking services. It offers personal and corporate credit cards, lease financing, business financing services, Internet banking, and other financial services. The company offers checking and savings accounts, and time deposits and funds; payroll-deductible loans, personal loans, overdraft facilities, credit cards, and vehicle financing services; private pension, insurance, and capitalization products and services; and collection, payment of taxes and fees to individuals.

Banco Mercantil do Brasil (BSP:BMEB4) Headlines

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