Grupo TMM (MEX:TMMA) Accounts Payable & Accrued Expense : MXN746 Mil (As of Mar. 2024)

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What is Grupo TMM Accounts Payable & Accrued Expense?

Grupo TMM's quarterly accounts payable & accrued expense declined from Sep. 2023 (MXN868 Mil) to Dec. 2023 (MXN781 Mil) and declined from Dec. 2023 (MXN781 Mil) to Mar. 2024 (MXN746 Mil).

Grupo TMM's annual accounts payable & accrued expense increased from Dec. 2021 (MXN913 Mil) to Dec. 2022 (MXN949 Mil) but then declined from Dec. 2022 (MXN949 Mil) to Dec. 2023 (MXN781 Mil).

Grupo TMM Accounts Payable & Accrued Expense Historical Data

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

Grupo TMM Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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849.26

755.53

912.90

949.37

780.90

Grupo TMM Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															923.80	881.80	868.30	780.90	745.50

Grupo TMM 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.

Grupo TMM (MEX:TMMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grupo TMM SA (MEX:TMMA) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

GTMAY:USA

Address

Paseo de la Reforma No. 296, P.19. Colonia Juarez, Mexico, MEX, 06600

Website

https://www.tmm.com.mx

Grupo TMM SA is an integrated logistics and transportation company in Mexico. It provides dynamic ocean transportation services to various international and domestic clients. The company operates through four segments namely Maritime division, Logistics division, Ports, and terminals division and Warehousing division. The Maritime division includes transportation of bulk liquid products, materials, provisions for drilling platforms, and towing services for ships. The Logistics segment provides trucking services to various manufacturers and retailers. Operations at ports and terminals assist in loading and unloading, storage at maritime port terminals, and shipping agency operations. The warehousing segment includes storage and management of the facilities and bonded warehouses.

Grupo TMM (MEX:TMMA) Headlines

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