Metcash (FRA:MG9) Accounts Payable & Accrued Expense : €1,629 Mil (As of Oct. 2023)

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What is Metcash Accounts Payable & Accrued Expense?

Metcash's quarterly accounts payable & accrued expense declined from Oct. 2022 (€1,573 Mil) to Apr. 2023 (€1,400 Mil) but then increased from Apr. 2023 (€1,400 Mil) to Oct. 2023 (€1,629 Mil).

Metcash's annual accounts payable & accrued expense increased from Apr. 2021 (€1,348 Mil) to Apr. 2022 (€1,583 Mil) but then declined from Apr. 2022 (€1,583 Mil) to Apr. 2023 (€1,400 Mil).

Metcash Accounts Payable & Accrued Expense Historical Data

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

Metcash Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Accounts Payable & Accrued Expense

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1,245.56

1,198.85

1,348.09

1,583.27

1,399.97

Metcash Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,462.53	1,583.27	1,572.73	1,399.97	1,628.95

Metcash 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.

Metcash (FRA:MG9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metcash Ltd (FRA:MG9) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MCSHF:USA MTS:Australia

Address

1 Thomas Holt Drive, Macquarie Park, Sydney, NSW, AUS, 2113

Website

https://www.metcash.com

Metcash is a wholesale distribution and marketing company specialising in food, liquor, and hardware. Centralised wholesale distribution enables retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes of a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and pubs.

Metcash (FRA:MG9) Headlines

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