McDonald's (XSGO:MCD) Accounts Payable & Accrued Expense : $3,979 Mil (As of Dec. 2023)

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What is McDonald's Accounts Payable & Accrued Expense?

McDonald's's quarterly accounts payable & accrued expense increased from Jun. 2023 ($2,987 Mil) to Sep. 2023 ($3,335 Mil) and increased from Sep. 2023 ($3,335 Mil) to Dec. 2023 ($3,979 Mil).

McDonald's's annual accounts payable & accrued expense declined from Dec. 2021 ($3,315 Mil) to Dec. 2022 ($3,141 Mil) but then increased from Dec. 2022 ($3,141 Mil) to Dec. 2023 ($3,979 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

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Dec23

Accounts Payable & Accrued Expense

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2,940.90

3,236.10

3,314.50

3,141.00

3,978.50

McDonald's 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															3,431.80	2,986.50	3,334.60	3,978.50	-

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 (XSGO:MCD) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

MCD:USA MCD:Mexico 1MCD:Italy MDOd:UK 0R16:UK MDO:Germany MCDS:Canada MCDC34:Brazil MCD:Austria MCD:Argentina

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 2022 system sales of $116 billion across more than 40,000 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.