MMG (MMLTF) Accounts Payable & Accrued Expense : $905 Mil (As of Dec. 2024)

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What is MMG Accounts Payable & Accrued Expense?

MMG's quarterly accounts payable & accrued expense declined from Dec. 2023 ($721 Mil) to Jun. 2024 ($715 Mil) but then increased from Jun. 2024 ($715 Mil) to Dec. 2024 ($905 Mil).

MMG's annual accounts payable & accrued expense increased from Dec. 2022 ($650 Mil) to Dec. 2023 ($721 Mil) and increased from Dec. 2023 ($721 Mil) to Dec. 2024 ($905 Mil).

MMG Accounts Payable & Accrued Expense Historical Data

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

MMG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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492.90

728.60

649.70

720.60

905.00

MMG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															649.70	716.70	720.60	714.50	905.00

MMG 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.

MMG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MMG Ltd (OTCPK:MMLTF) » Definitions » Accounts Payable & Accrued Expense

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01208:Hong Kong OMS1:Germany

Address

79 Chatham Road South, Unit 1208, 12th Floor, China Minmetals Tower, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.mmg.com

MMG Ltd is engaged in the exploration, development, and mining of zinc, copper, gold, silver, molybdenum, and lead deposits around the world. The group has five reportable operating segments namely Dugald River, Kinsevere, Rosebery, Las Bambas, Khoemacau, and others. The company derives maximum revenue from Las Bambas mine, which is an open-pit, scalable, long-life copper and molybdenum mining operation.