Mestek (Mestek) Accounts Payable & Accrued Expense : $37.2 Mil (As of Sep. 2023)

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What is Mestek Accounts Payable & Accrued Expense?

Mestek's quarterly accounts payable & accrued expense declined from Sep. 2018 ($30.6 Mil) to Sep. 2022 ($0.0 Mil) but then increased from Sep. 2022 ($0.0 Mil) to Sep. 2023 ($37.2 Mil).

Mestek's annual accounts payable & accrued expense declined from Dec. 2015 ($40.4 Mil) to Dec. 2016 ($31.5 Mil) and declined from Dec. 2016 ($31.5 Mil) to Dec. 2017 ($31.4 Mil).

Mestek Accounts Payable & Accrued Expense Historical Data

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

Mestek Annual Data

Trend

Dec03

Dec04

Dec05

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Accounts Payable & Accrued Expense

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43.69

44.97

40.43

31.51

31.41

Mestek Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Sep22	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															29.84	31.63	30.57	-	37.17

Mestek 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.

Mestek (Mestek) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mestek Inc (OTCPK:MCCK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

260 North Elm Street, Westfield, MA, USA, 1085

Website

https://www.mestek.com

Mestek Inc and its subsidiaries operate in two manufacturing business segments: heating, ventilating, and air conditioning equipment (HVAC) including architectural products, and metal forming equipment. The company manufactures its HVAC equipment and metal forming equipment at twelve factory locations and sells through an established distributor, dealer, and manufacturer's representative channels, in the United States and Canada. Geographically, it derives a majority of its revenue from North America and also has a presence in Europe, Asia, Mexico, and the Rest of the World.

Executives

J Nicholas Filler

officer: Senior Vice President

455 MATHEWS ROAD, CONWAY MA 01341

Mestek (Mestek) Headlines

From GuruFocus

Mestek (MCCK): a pinksheet stock w/ significant upside potential

By whopper investments whopper investments • 08-16-2012