Mueller Industries (FRA:MUD) Accounts Payable & Accrued Expense : €175 Mil (As of Mar. 2024)

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What is Mueller Industries Accounts Payable & Accrued Expense?

Mueller Industries's quarterly accounts payable & accrued expense declined from Sep. 2023 (€179 Mil) to Dec. 2023 (€162 Mil) but then increased from Dec. 2023 (€162 Mil) to Mar. 2024 (€175 Mil).

Mueller Industries's annual accounts payable & accrued expense declined from Dec. 2021 (€204 Mil) to Dec. 2022 (€179 Mil) and declined from Dec. 2022 (€179 Mil) to Dec. 2023 (€162 Mil).

Mueller Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mueller Industries'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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Mueller Industries Accounts Payable & Accrued Expense Chart

Mueller Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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114.59

159.50

203.92

179.28

161.51

Mueller Industries 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															201.68	184.83	178.96	161.51	174.88

Mueller Industries 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.

Mueller Industries (FRA:MUD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mueller Industries Inc (FRA:MUD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MLI:USA

Address

150 Schilling Boulevard, Suite 100, Collierville, TN, USA, 38017

Website

https://www.muellerindustries.com

Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning most of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms worldwide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Numerous systems use the aforementioned products, including HVAC, water distribution, refrigeration, and automotive. Most sales derive from the United States, but the company operates worldwide.

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