Magna International (MEX:MGA N) Current Accrued Expense : MXN70,964 Mil (As of Sep. 2024)

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What is Magna International Current Accrued Expense?

Magna International's Current Accrued Expense for the quarter that ended in Sep. 2024 was MXN70,964 Mil.

Magna International's quarterly Current Accrued Expense increased from Mar. 2024 (MXN59,929 Mil) to Jun. 2024 (MXN64,340 Mil) and increased from Jun. 2024 (MXN64,340 Mil) to Sep. 2024 (MXN70,964 Mil).

Magna International's annual Current Accrued Expense declined from Dec. 2021 (MXN61,686 Mil) to Dec. 2022 (MXN57,864 Mil) but then increased from Dec. 2022 (MXN57,864 Mil) to Dec. 2023 (MXN60,055 Mil).

Magna International Current Accrued Expense Historical Data

The historical data trend for Magna 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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Magna International Current Accrued Expense Chart

Magna International Annual Data

Trend

Dec14

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Dec18

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Dec20

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Dec22

Dec23

Current Accrued Expense

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48,149.58

61,048.55

61,685.60

57,864.13

60,054.89

Magna International Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Current Accrued Expense	Get a 7-Day Free Trial															59,868.75	60,054.89	59,929.08	64,340.20	70,963.84

Magna 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.

Magna International Current Accrued Expense Related Terms

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Magna International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Magna International Inc (MEX:MGA N) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

MGA:USA MGA:Germany MGA:Germany MG:Canada

Address

337 Magna Drive, Aurora, ON, CAN, L4G 7K1

Website

https://www.magna.com

Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2023, 48% of Magna's $42.8 billion of revenue came from North America while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 76% of revenue with the top three being GM, Mercedes, and BMW. GM was the largest contributor at 14%. The company was founded in 1957, has over 179,000 employees, and is based in Aurora, Ontario.

Magna International Headlines

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