Marsh & McLennan (WBO:MMCO) Accounts Payable & Accrued Expense : €3,849 Mil (As of Mar. 2024)

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What is Marsh & McLennan Accounts Payable & Accrued Expense?

Marsh & McLennan's quarterly accounts payable & accrued expense declined from Sep. 2023 (€3,724 Mil) to Dec. 2023 (€3,415 Mil) but then increased from Dec. 2023 (€3,415 Mil) to Mar. 2024 (€3,849 Mil).

Marsh & McLennan's annual accounts payable & accrued expense increased from Dec. 2021 (€2,976 Mil) to Dec. 2022 (€3,303 Mil) and increased from Dec. 2022 (€3,303 Mil) to Dec. 2023 (€3,415 Mil).

Marsh & McLennan Accounts Payable & Accrued Expense Historical Data

The historical data trend for Marsh & McLennan'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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Marsh & McLennan Accounts Payable & Accrued Expense Chart

Marsh & McLennan Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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2,632.50

2,710.13

2,976.26

3,303.06

3,414.91

Marsh & McLennan 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															3,786.44	3,271.11	3,723.64	3,414.91	3,849.28

Marsh & McLennan 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.

Marsh & McLennan (WBO:MMCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Marsh & McLennan Companies Inc (WBO:MMCO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MMC:USA MMC:Mexico MSN:Germany M1MC34:Brazil MMC:Argentina

Address

1166 Avenue of the Americas, New York, NY, USA, 10036-2774

Website

https://www.marshmclennan.com

Marsh McLennan is a professional services firm that provides advice and solutions in the areas of risk, strategy, and human capital. The company operates through two main segments: risk and insurance services and consulting. In risk and insurance services, the firm offers services via Marsh (an insurance broker) and Guy Carpenter (a risk and reinsurance specialist). The consulting division comprises Mercer (a provider of human resource services) and Oliver Wyman (a management and economic consultancy). About half of its revenue is generated outside the U.S.

Marsh & McLennan (WBO:MMCO) Headlines

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