M&C (LSE:0F5V) Accounts Payable & Accrued Expense : €0.28 Mil (As of Sep. 2019)

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What is M&C Accounts Payable & Accrued Expense?

M&C's quarterly accounts payable & accrued expense declined from Dec. 2018 (€0.80 Mil) to Jun. 2019 (€0.67 Mil) and declined from Jun. 2019 (€0.67 Mil) to Sep. 2019 (€0.28 Mil).

M&C's annual accounts payable & accrued expense increased from Dec. 2016 (€0.89 Mil) to Dec. 2017 (€80.39 Mil) but then declined from Dec. 2017 (€80.39 Mil) to Dec. 2018 (€0.80 Mil).

M&C Accounts Payable & Accrued Expense Historical Data

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

M&C Annual Data

Trend

Dec09

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Dec18

Accounts Payable & Accrued Expense

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0.33

0.26

0.89

80.39

0.80

M&C Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Jun18	Sep18	Dec18	Jun19	Sep19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															50.73	-	0.80	0.67	0.28

M&C 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.

M&C (LSE:0F5V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » M&C (LSE:0F5V) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Bastions of Porta Nuova 21, Milan, ITA, 20121

Website

http://www.mecinv.com

M&C SpA is a private investment company, investing in the equity capital of companies operating in the industrial, financial, real estate, commercial and service sectors. The activities carried out by the company includes direct and indirect acquisition of investments in other companies or entities, granting of loans in any form to joint-stock companies, purchase, sale, subscription and placement of shares, bonds, units of collective investment schemes and any other financial instrument, and supply of administrative and commercial services in general, of technical, commercial and industrial assistance to the investee companies.

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