McRae Industries (McRae Industries) Accounts Payable & Accrued Expense : $3.4 Mil (As of Jul. 2023)

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What is McRae Industries Accounts Payable & Accrued Expense?

McRae Industries's quarterly accounts payable & accrued expense increased from Jul. 2021 ($0.0 Mil) to Jul. 2022 ($6.6 Mil) but then declined from Jul. 2022 ($6.6 Mil) to Jul. 2023 ($3.4 Mil).

McRae Industries's annual accounts payable & accrued expense increased from Jul. 2021 ($0.0 Mil) to Jul. 2022 ($6.6 Mil) but then declined from Jul. 2022 ($6.6 Mil) to Jul. 2023 ($3.4 Mil).

McRae Industries Accounts Payable & Accrued Expense Historical Data

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

McRae Industries Annual Data

Trend

Jul99

Jul00

Jul01

Jul02

Jul03

Jul04

Jul05

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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6.06

4.96

6.64

3.42

McRae Industries Semi-Annual Data
	Jul89	Jul90	Jul91	Jul92	Jul93	Jul94	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul21	Jul22	Jul23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6.06	4.96	-	6.64	3.42

McRae 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.

McRae Industries (McRae Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » McRae Industries Inc (OTCPK:MCRAA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MCRAB:USA

Address

400 North Main Street, P.O. Box 1239, Mount Gilead, NC, USA, 27306

Website

http://www.mcraeindustries.com

McRae Industries Inc operates in the footwear industry. Its principal lines of business are manufacturing and selling military combat boots and importing and selling western and work boots. It operates through the Western and Lifestyle Segments. The Western and Lifestyle segment, which is the key revenue driver, includes western, ladies fashion, and children's footwear products under the Dan Post, Dingo, and Laredo Western Boots brand names.