MSC Industrial Direct Co (STU:98M) Short-Term Capital Lease Obligation : €20 Mil (As of Feb. 2024)

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What is MSC Industrial Direct Co Short-Term Capital Lease Obligation?

MSC Industrial Direct Co's Short-Term Capital Lease Obligation for the quarter that ended in Feb. 2024 was €20 Mil.

MSC Industrial Direct Co's quarterly Short-Term Capital Lease Obligation declined from Aug. 2023 (€19 Mil) to Nov. 2023 (€19 Mil) but then increased from Nov. 2023 (€19 Mil) to Feb. 2024 (€20 Mil).

MSC Industrial Direct Co's annual Short-Term Capital Lease Obligation increased from Aug. 2021 (€12 Mil) to Aug. 2022 (€18 Mil) and increased from Aug. 2022 (€18 Mil) to Aug. 2023 (€19 Mil).

MSC Industrial Direct Co Short-Term Capital Lease Obligation Historical Data

The historical data trend for MSC Industrial Direct Co's Short-Term Capital Lease Obligation 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 Short-Term Capital Lease Obligation Chart

MSC Industrial Direct Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Short-Term Capital Lease Obligation

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18.43

11.84

18.32

19.41

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
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															18.47	17.33	19.41	19.25	20.22

MSC Industrial Direct Co Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

MSC Industrial Direct Co Short-Term Capital Lease Obligation Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » MSC Industrial Direct Co Inc (STU:98M) » Definitions » Short-Term Capital Lease Obligation

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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