Morixe Hermanos (BUE:MORI) Accounts Payable & Accrued Expense : ARS16,291 Mil (As of Mar. 2024)

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What is Morixe Hermanos Accounts Payable & Accrued Expense?

Morixe Hermanos's quarterly accounts payable & accrued expense declined from Aug. 2023 (ARS2,736 Mil) to Dec. 2023 (ARS0 Mil) but then increased from Dec. 2023 (ARS0 Mil) to Mar. 2024 (ARS16,291 Mil).

Morixe Hermanos's annual accounts payable & accrued expense increased from May. 2020 (ARS1,240 Mil) to May. 2021 (ARS1,566 Mil) and increased from May. 2021 (ARS1,566 Mil) to May. 2022 (ARS5,406 Mil).

Morixe Hermanos Accounts Payable & Accrued Expense Historical Data

The historical data trend for Morixe Hermanos'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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Morixe Hermanos Accounts Payable & Accrued Expense Chart

Morixe Hermanos Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

Accounts Payable & Accrued Expense

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191.34

601.15

1,239.86

1,566.45

5,405.82

Morixe Hermanos Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,582.25	3,109.78	2,736.48	-	16,290.64

Morixe Hermanos 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.

Morixe Hermanos (BUE:MORI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Morixe Hermanos SA (BUE:MORI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

Federico Garcia Lorca 234, Buenos Aires, ARG, 1405

Website

https://www.morixe.com.ar

Morixe Hermanos SA operates in the Argentine mill industry. The company is engaged in the milling, industrialization, conditioning, buying and selling, import and export of flour, semolina, agricultural raw materials, by-products and derivatives.

Morixe Hermanos (BUE:MORI) Headlines

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