Mr. Cooper Group (FRA:07WA) Accounts Payable & Accrued Expense : €1,556 Mil (As of Mar. 2024)

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What is Mr. Cooper Group Accounts Payable & Accrued Expense?

Mr. Cooper Group's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1,840 Mil) to Dec. 2023 (€1,829 Mil) and declined from Dec. 2023 (€1,829 Mil) to Mar. 2024 (€1,556 Mil).

Mr. Cooper Group's annual accounts payable & accrued expense increased from Dec. 2021 (€2,117 Mil) to Dec. 2022 (€2,486 Mil) but then declined from Dec. 2022 (€2,486 Mil) to Dec. 2023 (€1,829 Mil).

Mr. Cooper Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mr. Cooper Group'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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Mr. Cooper Group Accounts Payable & Accrued Expense Chart

Mr. Cooper Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,814.40

5,884.70

2,116.92

2,485.55

1,829.42

Mr. Cooper Group 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															2,381.70	2,210.59	1,840.27	1,829.42	1,555.72

Mr. Cooper Group 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.

Mr. Cooper Group (FRA:07WA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mr. Cooper Group Inc (FRA:07WA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

COOP:USA 07WA:Germany

Address

8950 Cypress Waters Boulevard, Coppell, TX, USA, 75019

Website

https://www.mrcoopergroup.com

Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has two operating segments namely Servicing segment which performs operational activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, and customer service and The Originations segment originates residential mortgage loans through a direct-to-consumer channel, which provides refinance options for existing customers, and through a correspondent channel, which purchases or originates loans from mortgage bankers and brokers.

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