MSC Industrial Direct Co (STU:98M) Accounts Payable & Accrued Expense : €325 Mil (As of Feb. 2024)

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What is MSC Industrial Direct Co Accounts Payable & Accrued Expense?

MSC Industrial Direct Co's quarterly accounts payable & accrued expense declined from Aug. 2023 (€365 Mil) to Nov. 2023 (€336 Mil) and declined from Nov. 2023 (€336 Mil) to Feb. 2024 (€325 Mil).

MSC Industrial Direct Co's annual accounts payable & accrued expense increased from Aug. 2021 (€294 Mil) to Aug. 2022 (€377 Mil) but then declined from Aug. 2022 (€377 Mil) to Aug. 2023 (€365 Mil).

MSC Industrial Direct Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for MSC Industrial Direct Co'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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MSC Industrial Direct Co Accounts Payable & Accrued Expense Chart

MSC Industrial Direct Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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244.05

223.65

293.73

376.74

365.27

MSC Industrial Direct Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															327.23	344.65	365.27	335.52	325.30

MSC Industrial Direct Co 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.

MSC Industrial Direct Co (STU:98M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » MSC Industrial Direct Co Inc (STU:98M) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MSM:USA 98M:Germany

Address

515 Broadhollow Road, Suite 1000, Melville, NY, USA, 11747

Website

https://www.mscdirect.com

MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the U.S.

MSC Industrial Direct Co (STU:98M) Headlines

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