M&Z (MAL:MZ) Accounts Payable & Accrued Expense : €1.63 Mil (As of Dec. 2023)

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What is M&Z Accounts Payable & Accrued Expense?

M&Z's quarterly accounts payable & accrued expense declined from Dec. 2022 (€1.10 Mil) to Jun. 2023 (€0.00 Mil) but then increased from Jun. 2023 (€0.00 Mil) to Dec. 2023 (€1.63 Mil).

M&Z's annual accounts payable & accrued expense increased from Dec. 2021 (€0.75 Mil) to Dec. 2022 (€1.10 Mil) and increased from Dec. 2022 (€1.10 Mil) to Dec. 2023 (€1.63 Mil).

M&Z Accounts Payable & Accrued Expense Historical Data

The historical data trend for M&Z'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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M&Z Accounts Payable & Accrued Expense Chart

M&Z Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.75

1.10

1.63

M&Z Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.75	-	1.10	-	1.63

M&Z 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.

M&Z (MAL:MZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » M&Z PLC (MAL:MZ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

MMGH Complex South Block, PO Box 295, Marsa Industrial Estate, Valletta, Marsa, MLT

Website

https://www.mz.com.mt

M&Z PLC is a company specializing in the sourcing, importation, distribution, and marketing (to the local consumer) of fast-moving consumer goods and pharmaceutical non-medical products for the retail and catering industry. The food brands comprise part of the brand portfolio and can be divided into ambient, chilled, and frozen products. The cleaning products portfolio is divided into home and personal care items. Its brand includes Knorr, Lipton, Pond's, Algida, asiago food, and others.

M&Z (MAL:MZ) Headlines

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