MGM Resorts International (FRA:MGG) Current Accrued Expense : €2,379 Mil (As of Mar. 2024)

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What is MGM Resorts International Current Accrued Expense?

MGM Resorts International's Current Accrued Expense for the quarter that ended in Mar. 2024 was €2,379 Mil.

MGM Resorts International's quarterly Current Accrued Expense declined from Sep. 2023 (€2,389 Mil) to Dec. 2023 (€1,488 Mil) but then increased from Dec. 2023 (€1,488 Mil) to Mar. 2024 (€2,379 Mil).

MGM Resorts International's annual Current Accrued Expense increased from Dec. 2021 (€1,123 Mil) to Dec. 2022 (€1,293 Mil) and increased from Dec. 2022 (€1,293 Mil) to Dec. 2023 (€1,488 Mil).

MGM Resorts International Current Accrued Expense Historical Data

The historical data trend for MGM Resorts International's Current 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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MGM Resorts International Current Accrued Expense Chart

MGM Resorts International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Accrued Expense

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1,270.92

912.70

1,123.06

1,292.71

1,488.37

MGM Resorts International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Accrued Expense	Get a 7-Day Free Trial															2,236.56	2,174.03	2,388.71	1,488.37	2,378.96

MGM Resorts International Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

MGM Resorts International Current Accrued Expense Related Terms

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MGM Resorts International (FRA:MGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MGM Resorts International (FRA:MGG) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

MGM:USA MGM:Mexico M1GM34:Brazil

Address

3600 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109

Website

https://www.mgmresorts.com

MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 74% of total EBITDAR in 2022. MGM also owns U.S. regional assets, which represented 31% of 2022 EBITDAR (MGM's Macao EBITDAR was negative in 2022). MGM's U.S. sports and iGaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2030.

MGM Resorts International (FRA:MGG) Headlines

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