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McDonald's (MEX:MCD) Accounts Payable & Accrued Expense : MXN99,318 Mil (As of Sep. 2024)


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What is McDonald's Accounts Payable & Accrued Expense?

McDonald's's quarterly accounts payable & accrued expense declined from Mar. 2024 (MXN59,680 Mil) to Jun. 2024 (MXN59,632 Mil) but then increased from Jun. 2024 (MXN59,632 Mil) to Sep. 2024 (MXN99,318 Mil).

McDonald's's annual accounts payable & accrued expense declined from Dec. 2021 (MXN67,994 Mil) to Dec. 2022 (MXN61,237 Mil) but then increased from Dec. 2022 (MXN61,237 Mil) to Dec. 2023 (MXN67,532 Mil).

McDonald's Accounts Payable & Accrued Expense Historical Data

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

McDonald's 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 55,465.37 64,372.50 67,993.65 61,236.94 67,532.05

McDonald's 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 58,085.05 67,532.05 59,680.13 59,631.94 99,317.87

McDonald's 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.

McDonald's Business Description

Industry
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Address
110 North Carpenter Street, Chicago, IL, USA, 60607
Website
https://www.investor.mcdonalds.com
McDonald's is the largest restaurant owner-operator in the world, with 2023 system sales of $130 billion across nearly than 42,000 stores and 115 markets. McDonald's pioneered the franchise model, building its footprint through partnerships with independent restaurant franchisees and master franchise partners around the globe. The firm earns roughly 60% of its revenue from franchise royalty fees and lease payments, with most of the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed markets.