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Mercedes-Benz Group AG (MEX:MBG) Accounts Payable & Accrued Expense : MXN311,199 Mil (As of Sep. 2024)


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What is Mercedes-Benz Group AG Accounts Payable & Accrued Expense?

Mercedes-Benz Group AG's quarterly accounts payable & accrued expense increased from Mar. 2024 (MXN257,747 Mil) to Jun. 2024 (MXN270,503 Mil) and increased from Jun. 2024 (MXN270,503 Mil) to Sep. 2024 (MXN311,199 Mil).

Mercedes-Benz Group AG's annual accounts payable & accrued expense declined from Dec. 2021 (MXN332,072 Mil) to Dec. 2022 (MXN327,281 Mil) and declined from Dec. 2022 (MXN327,281 Mil) to Dec. 2023 (MXN298,965 Mil).

Mercedes-Benz Group AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mercedes-Benz Group AG'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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Mercedes-Benz Group AG Accounts Payable & Accrued Expense Chart

Mercedes-Benz Group AG 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 352,241.93 398,759.58 332,071.82 327,280.84 298,965.19

Mercedes-Benz Group AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 269,388.73 298,965.19 257,747.06 270,502.53 311,198.53

Mercedes-Benz Group AG 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.

Mercedes-Benz Group AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mercedes-Benz Group AG (MEX:MBG) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
MBGYY:USA MBGAF:USA DAI:Romania MBG:Poland 1MBG:Italy MERCEDESBENZ:Hungary MBGd:UK 0NXX:UK MBG:Germany MBG:Bulgaria MBG:Austria
Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Website
https://www.daimler.com
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 450,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its own brand alone. In 2023, 16% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 54% were core (C and E Class), and 30% entry (A and B Class). In volume terms, Asia is Mercedes' largest market at 40% of 2023 vehicle sales followed by Europe at 38% and North America at 17%.