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Mpac Group (LSE:MPAC) Accounts Payable & Accrued Expense : £36.0 Mil (As of Dec. 2024)


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What is Mpac Group Accounts Payable & Accrued Expense?

Mpac Group's quarterly accounts payable & accrued expense increased from Dec. 2023 (£22.5 Mil) to Jun. 2024 (£42.4 Mil) but then declined from Jun. 2024 (£42.4 Mil) to Dec. 2024 (£36.0 Mil).

Mpac Group's annual accounts payable & accrued expense increased from Dec. 2022 (£20.4 Mil) to Dec. 2023 (£22.5 Mil) and increased from Dec. 2023 (£22.5 Mil) to Dec. 2024 (£36.0 Mil).

Mpac Group Accounts Payable & Accrued Expense Historical Data

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

Mpac Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.60 16.80 20.40 22.50 36.00

Mpac Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 20.40 43.90 22.50 42.40 36.00

Mpac Group 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.

Mpac Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mpac Group PLC (LSE:MPAC) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Station Road, Station Estate, Tadcaster, North Yorkshire, GBR, LS24 9SG
Website
https://www.mpac-group.com
Mpac Group PLC is a technology and services company that provides specialist technology and services. It offers high-performance instrumentation, machinery, and analytical services to the Food and Beverage, healthcare and pharmaceutical, and other sectors. The company has two reportable segments namely the Original Equipment segment generates revenue from the make, pack, and test of high-speed packaging solutions, first-of-kind machinery and high specification automation, secondary packaging equipment, and at-line instrumentation solutions. Its Service segment generates revenue from sales of spare parts and providing service engineers and support staff customers. Geographically, it has a presence in (EMEA) Europe, Africa, the Middle East, the United States, and the Asia Pacific.