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MasTec (FRA:MY8) Accounts Payable & Accrued Expense : €1,453 Mil (As of Mar. 2024)


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What is MasTec Accounts Payable & Accrued Expense?

MasTec's quarterly accounts payable & accrued expense increased from Sep. 2023 (€1,681 Mil) to Dec. 2023 (€1,703 Mil) but then declined from Dec. 2023 (€1,703 Mil) to Mar. 2024 (€1,453 Mil).

MasTec's annual accounts payable & accrued expense increased from Dec. 2021 (€970 Mil) to Dec. 2022 (€1,565 Mil) and increased from Dec. 2022 (€1,565 Mil) to Dec. 2023 (€1,703 Mil).


MasTec Accounts Payable & Accrued Expense Historical Data

The historical data trend for MasTec'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.

* Premium members only.

MasTec Accounts Payable & Accrued Expense Chart

MasTec Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 664.36 735.06 970.08 1,564.89 1,702.52

MasTec Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,359.11 1,348.86 1,680.71 1,702.52 1,453.07

MasTec 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.


MasTec (FRA:MY8) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MasTec Inc (FRA:MY8) » Definitions » Accounts Payable & Accrued Expense
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Address
800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134
MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: 1) communications; 2) clean energy and infrastructure; 3) oil and gas; 4) power delivery, and 5) other.

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