Grupo MexicoB de CV (Grupo MexicoB de CV) Accounts Payable & Accrued Expense : $1,495 Mil (As of Sep. 2023)

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What is Grupo MexicoB de CV Accounts Payable & Accrued Expense?

Grupo MexicoB de CV's quarterly accounts payable & accrued expense declined from Mar. 2023 ($1,401 Mil) to Jun. 2023 ($1,320 Mil) but then increased from Jun. 2023 ($1,320 Mil) to Sep. 2023 ($1,495 Mil).

Grupo MexicoB de CV's annual accounts payable & accrued expense increased from Dec. 2020 ($1,501 Mil) to Dec. 2021 ($2,069 Mil) but then declined from Dec. 2021 ($2,069 Mil) to Dec. 2022 ($1,386 Mil).

Grupo MexicoB de CV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Grupo MexicoB de CV'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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Grupo MexicoB de CV Accounts Payable & Accrued Expense Chart

Grupo MexicoB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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1,504.95

1,290.32

1,500.70

2,069.13

1,386.08

Grupo MexicoB de CV Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,280.91	1,386.08	1,400.64	1,320.11	1,494.88

Grupo MexicoB de CV 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.

Grupo MexicoB de CV (Grupo MexicoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grupo Mexico SAB de CV (OTCPK:GMBXF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GMEXICOB:Mexico 4GE:Germany

Address

Campos Eliieos No. 400, Col. lomas de chapultepec, Mexico, DF, MEX, C.P. 11000

Website

http://www.gmexico.com

Grupo Mexico SAB de CV is a holding company that operates in the mining-metallurgic industry, the exploration, exploitation, and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. The majority of the group's revenue is generated by the mining division, through its subsidiary AMC. The company has 14 mines and exploration projects in Mexico, Peru, the United States of America, Chile, Ecuador, and Argentina, and its products include copper, molybdenum, silver, zinc, gold, and lead. The company also has a transportation division comprised of three large railroad companies through its subsidiary FM Rail Holding. Together, they form the largest railroad operator in Mexico, both in terms of coverage and fleet size.

Grupo MexicoB de CV (Grupo MexicoB de CV) Headlines

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