Credito RealB de CV Sofom ER (Credito RealB de CV Sofom ER) Accounts Payable & Accrued Expense : $94.4 Mil (As of Sep. 2021)

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What is Credito RealB de CV Sofom ER Accounts Payable & Accrued Expense?

Credito RealB de CV Sofom ER's quarterly accounts payable & accrued expense increased from Mar. 2021 ($64.1 Mil) to Jun. 2021 ($126.9 Mil) but then declined from Jun. 2021 ($126.9 Mil) to Sep. 2021 ($94.4 Mil).

Credito RealB de CV Sofom ER's annual accounts payable & accrued expense increased from Dec. 2018 ($36.7 Mil) to Dec. 2019 ($44.8 Mil) and increased from Dec. 2019 ($44.8 Mil) to Dec. 2020 ($101.3 Mil).

Credito RealB de CV Sofom ER Accounts Payable & Accrued Expense Historical Data

The historical data trend for Credito RealB de CV Sofom ER'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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Credito RealB de CV Sofom ER Accounts Payable & Accrued Expense Chart

Credito RealB de CV Sofom ER Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

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26.62

83.31

36.74

44.76

101.30

Credito RealB de CV Sofom ER Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															57.69	101.30	64.14	126.93	94.44

Credito RealB de CV Sofom ER 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.

Credito RealB de CV Sofom ER (Credito RealB de CV Sofom ER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credito Real SAB de CV Sofom ER (OTCPK:CRQDQ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Insurgentes Sur No. 730, 20th Floor, Colonia Del Valle Norte, Del Benito Juarez, Mexico, MEX, MEX, 03103

Website

http://www.creditoreal.com.mx

Credito Real SAB de CV Sofom ER is a nonbanking financial institution in Mexico that focuses on consumer lending to low-income and middle-income customers. The company primarily makes payroll loans, durable goods loans, small business loans, group loans and used-car loans.

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