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MGRC (McGrath RentCorp) Change In Payables And Accrued Expense : $-34.2 Mil (TTM As of Sep. 2024)


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What is McGrath RentCorp Change In Payables And Accrued Expense?

McGrath RentCorp's Change In Payables And Accrued Expense for the quarter that ended in Sep. 2024 was $7.8 Mil. It means McGrath RentCorp's Accounts Payable & Accrued Expense increased by $7.8 Mil from Jun. 2024 to Sep. 2024 .

McGrath RentCorp's Change In Payables And Accrued Expense for the fiscal year that ended in Dec. 2023 was $-32.5 Mil. It means McGrath RentCorp's Accounts Payable & Accrued Expense declined by $32.5 Mil from Dec. 2022 to Dec. 2023 .

McGrath RentCorp Change In Payables And Accrued Expense Historical Data

The historical data trend for McGrath RentCorp's Change In Payables And 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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McGrath RentCorp Change In Payables And Accrued Expense Chart

McGrath RentCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Payables And Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.30 0.32 12.23 16.35 -32.53

McGrath RentCorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Change In Payables And 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 7.56 -65.34 -3.89 27.21 7.85

McGrath RentCorp Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-34.2 Mil.

* 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.

McGrath RentCorp Change In Payables And Accrued Expense Related Terms

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McGrath RentCorp Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » McGrath RentCorp (NAS:MGRC) » Definitions » Change In Payables And Accrued Expense
Comparable Companies
CAR HEES VSTS PRG WLFC CTOS HTZ GSL AL ALTG URI LSE:AHT AER FTAI UHAL TSX:EFN BSP:RENT3 R WSC HRI
Traded in Other Exchanges
N/A
Address
5700 Las Positas Road, Livermore, CA, USA, 94551-7800
Website
https://www.mgrc.com
McGrath RentCorp is a rental company. It is comprised of four reportable business segments: Modular building and portable storage segment (Mobile Modular), Electronic test equipment segment (TRS-RenTelco), Containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks) and Classroom manufacturing division selling modular classrooms in California (Enviroplex). The company generates its revenues majorily from the rental of its equipment on operating leases with sales of equipment occurring in the normal course of business.
Executives
Joseph F Hanna director, officer: President & CEO
John P Skenesky officer: VP and Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Kimberly Ann Box director 7157 TREELINE CT., GRANITE BAY CA 95746
Philip B Hawkins officer: VP & Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Tara Wescott officer: Vice President Human Resources C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Trease Kristina Van officer: VP & Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
David M Whitney officer: VP, Controller, PAO 5700 LOS POSITAS ROAD, LIVERMORE CA 94551
William J Dawson director C/O CERUS CORPORATION, 2411 STANWELL DRIVE, CONCORD CA 94520
Keith E Pratt officer: Executive VP and CFO
Elizabeth A Fetter director 1400 MARINA WAY SOUTH, RICHMOND CA 94804
John Lieffrig officer: VP & Division Manager C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Gilda Malek officer: VP, Legal General Counsel C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Dennis P Stradford director
Nicolas C Anderson director 3100 ZINFANDEL DRIVE, STE. 450, RANCHO CORDOVA CA 95670
Stuart Templeton Porter officer: VP & Division Manager C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551