Marfrig Global Foods (BSP:MRFG3) Accounts Payable & Accrued Expense : R$18,201 Mil (As of Dec. 2023)

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What is Marfrig Global Foods Accounts Payable & Accrued Expense?

Marfrig Global Foods's quarterly accounts payable & accrued expense increased from Jun. 2023 (R$18,288 Mil) to Sep. 2023 (R$18,966 Mil) but then declined from Sep. 2023 (R$18,966 Mil) to Dec. 2023 (R$18,201 Mil).

Marfrig Global Foods's annual accounts payable & accrued expense increased from Dec. 2021 (R$5,540 Mil) to Dec. 2022 (R$20,367 Mil) but then declined from Dec. 2022 (R$20,367 Mil) to Dec. 2023 (R$18,201 Mil).

Marfrig Global Foods Accounts Payable & Accrued Expense Historical Data

The historical data trend for Marfrig Global Foods'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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Marfrig Global Foods Accounts Payable & Accrued Expense Chart

Marfrig Global Foods Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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3,700.42

3,755.27

5,540.12

20,366.90

18,200.70

Marfrig Global Foods 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															20,366.90	18,899.33	18,287.76	18,965.93	18,200.70

Marfrig Global Foods 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.

Marfrig Global Foods (BSP:MRFG3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Marfrig Global Foods SA (BSP:MRFG3) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MRRTY:USA MGP1:Germany

Address

Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000

Website

https://www.marfrig.com.br

Marfrig Global Foods SA is a Brazilian-based food processing company that produces, processes, and distributes meat and non-meat products. The company has operations worldwide, including in Brazil, Argentina, Chile, Uruguay, and the United States. The company's activities include production and processing of foods made from animal proteins as well as other products such as frozen vegetables and sauces. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.

Marfrig Global Foods (BSP:MRFG3) Headlines

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