Cintas (MEX:CTAS) Accounts Payable & Accrued Expense : MXN25,318 Mil (As of Feb. 2025)

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What is Cintas Accounts Payable & Accrued Expense?

Cintas's quarterly accounts payable & accrued expense increased from Aug. 2024 (MXN23,624 Mil) to Nov. 2024 (MXN23,891 Mil) and increased from Nov. 2024 (MXN23,891 Mil) to Feb. 2025 (MXN25,318 Mil).

Cintas's annual accounts payable & accrued expense increased from May. 2022 (MXN13,662 Mil) to May. 2023 (MXN13,847 Mil) and increased from May. 2023 (MXN13,847 Mil) to May. 2024 (MXN15,816 Mil).

Cintas Accounts Payable & Accrued Expense Historical Data

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

Cintas Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Accounts Payable & Accrued Expense

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12,856.41

12,363.54

13,662.15

13,847.10

15,816.32

Cintas Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															17,856.25	15,816.32	23,624.18	23,891.23	25,317.94

Cintas 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.

Cintas Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CTAS:USA 0HYJ:UK CIT:Germany CIT:Germany C1TA34:Brazil CTAS:Austria

Address

6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737

Website

https://www.cintas.com

Cintas has roots tracing back to 1929, during which the Farmer family cleaned and re-sold dirty rags to manufacturing plants in Ohio. The firm has grown its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. In the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid, fire, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.