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Grupo ElektraB de CV (Grupo ElektraB de CV) Accounts Payable & Accrued Expense : $4,978 Mil (As of Mar. 2024)


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

Grupo ElektraB de CV's quarterly accounts payable & accrued expense increased from Sep. 2023 ($775 Mil) to Dec. 2023 ($3,691 Mil) and increased from Dec. 2023 ($3,691 Mil) to Mar. 2024 ($4,978 Mil).

Grupo ElektraB de CV's annual accounts payable & accrued expense declined from Dec. 2021 ($2,920 Mil) to Dec. 2022 ($2,219 Mil) but then increased from Dec. 2022 ($2,219 Mil) to Dec. 2023 ($3,691 Mil).


Grupo ElektraB de CV Accounts Payable & Accrued Expense Historical Data

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

Grupo ElektraB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,045.30 2,176.81 2,919.86 2,218.95 3,691.16

Grupo ElektraB de CV 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 596.94 612.77 774.57 3,691.16 4,978.17

Grupo ElektraB 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 ElektraB de CV (Grupo ElektraB de CV) Business Description

Traded in Other Exchanges
Address
Av Ferrocarril de Rio Frio, N 419-CJ Col Fraccionamiento, Industrial del Moral, Mexico DF, MEX
Grupo Elektra SAB de CV is a Mexican specialty retailer and financial services provider. It operates in South and Central America and the United States. The firm's main customers are found at the base of the socioeconomic pyramid. The firm's operations are split into the commercial division and the financial division. The commercial division offers electronics, appliances, and furniture, among other things. The financial division includes Banco Azteca (Mexico, Guatemala, El Salvador, Honduras, Peru), Advance America (U.S.), Afore Azteca, Seguros Azteca, and Punto Casa de Bolsa.

Grupo ElektraB de CV (Grupo ElektraB de CV) Headlines