Metro (MTRAF) Accounts Payable & Accrued Expense : $1,115 Mil (As of Mar. 2024)

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What is Metro Accounts Payable & Accrued Expense?

Metro's quarterly accounts payable & accrued expense increased from Sep. 2023 ($1,202 Mil) to Dec. 2023 ($1,221 Mil) but then declined from Dec. 2023 ($1,221 Mil) to Mar. 2024 ($1,115 Mil).

Metro's annual accounts payable & accrued expense declined from Sep. 2021 ($1,241 Mil) to Sep. 2022 ($1,214 Mil) and declined from Sep. 2022 ($1,214 Mil) to Sep. 2023 ($1,202 Mil).

Metro Accounts Payable & Accrued Expense Historical Data

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

Metro Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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1,030.66

1,164.48

1,240.94

1,214.03

1,201.91

Metro 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															1,138.49	1,206.31	1,201.91	1,221.08	1,114.51

Metro 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.

Metro (MTRAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metro Inc (OTCPK:MTRAF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

62M:Germany MRU:Canada

Address

11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6

Website

https://www.metro.ca

Metro is the third-largest grocery retailer in Canada (behind Loblaw and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaw and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in the provinces of Quebec and Ontario, with no presence in western Canada.

Metro (MTRAF) Headlines

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