Mayr-Melnhof Karton AG (WBO:MMK) Accounts Payable & Accrued Expense : €506 Mil (As of Mar. 2024)

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What is Mayr-Melnhof Karton AG Accounts Payable & Accrued Expense?

Mayr-Melnhof Karton AG's quarterly accounts payable & accrued expense increased from Sep. 2023 (€463 Mil) to Dec. 2023 (€604 Mil) but then declined from Dec. 2023 (€604 Mil) to Mar. 2024 (€506 Mil).

Mayr-Melnhof Karton AG's annual accounts payable & accrued expense increased from Dec. 2021 (€506 Mil) to Dec. 2022 (€626 Mil) but then declined from Dec. 2022 (€626 Mil) to Dec. 2023 (€604 Mil).

Mayr-Melnhof Karton AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mayr-Melnhof Karton AG'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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Mayr-Melnhof Karton AG Accounts Payable & Accrued Expense Chart

Mayr-Melnhof Karton AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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260.04

254.59

506.06

625.71

603.99

Mayr-Melnhof Karton AG 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															522.71	497.21	463.15	603.99	505.99

Mayr-Melnhof Karton AG 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.

Mayr-Melnhof Karton AG (WBO:MMK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mayr-Melnhof Karton AG (WBO:MMK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

0NZ7:UK MYM:Germany

Address

Brahmsplatz 6, Vienna, AUT, A-1040

Website

https://www.mm.group

Mayr-Melnhof Karton AG manufactures and sells a variety of folding cartons for consumer goods packaging. The firm organizes itself into two segments based on the product type. The MM packaging segment, which generates the majority of revenue, sells packaging for consumer goods, which include cigarettes, pharmaceuticals, detergents, personal care products, and luxury products. The MM Board & Paper segment manufactures and markets numerous grades of cartonboard, focusing on coated cartonboard produced predominantly from recycled fibers as well as virgin fiber-based cartonboard. The vast majority of revenue comes from Europe.

Executives

Dr. Nikolaus Ankershofen	Supervisory Board
Mmag. Peter Oswald	Board of Directors
Univ.-prof. Dr. Klaus Rabel	Supervisory Board

Mayr-Melnhof Karton AG (WBO:MMK) Headlines

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