Marathon Petroleum (BSP:M1PC34) Accounts Payable & Accrued Expense : R$78,872 Mil (As of Dec. 2023)

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What is Marathon Petroleum Accounts Payable & Accrued Expense?

Marathon Petroleum's quarterly accounts payable & accrued expense increased from Jun. 2023 (R$74,014 Mil) to Sep. 2023 (R$90,867 Mil) but then declined from Sep. 2023 (R$90,867 Mil) to Dec. 2023 (R$78,872 Mil).

Marathon Petroleum's annual accounts payable & accrued expense increased from Dec. 2021 (R$89,585 Mil) to Dec. 2022 (R$91,370 Mil) but then declined from Dec. 2022 (R$91,370 Mil) to Dec. 2023 (R$78,872 Mil).

Marathon Petroleum Accounts Payable & Accrued Expense Historical Data

The historical data trend for Marathon Petroleum'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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Marathon Petroleum Accounts Payable & Accrued Expense Chart

Marathon Petroleum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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54,277.91

49,594.91

89,584.93

91,369.62

78,872.08

Marathon Petroleum 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															91,369.62	79,608.24	74,014.07	90,867.14	78,872.08

Marathon Petroleum 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.

Marathon Petroleum (BSP:M1PC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marathon Petroleum Corp (BSP:M1PC34) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MPC:USA MPC:Mexico MPN:Germany MPC:Austria

Address

539 South Main Street, Findlay, OH, USA, 45840-3229

Website

https://www.marathonpetroleum.com

Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.

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