Magnit PJSC (XKAZ:RU_MGNT) Accounts Payable & Accrued Expense : ₸1,188,039 Mil (As of Jun. 2023)

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What is Magnit PJSC Accounts Payable & Accrued Expense?

Magnit PJSC's quarterly accounts payable & accrued expense increased from Jun. 2022 (₸1,360,157 Mil) to Dec. 2022 (₸1,884,783 Mil) but then declined from Dec. 2022 (₸1,884,783 Mil) to Jun. 2023 (₸1,188,039 Mil).

Magnit PJSC's annual accounts payable & accrued expense increased from Dec. 2020 (₸1,034,825 Mil) to Dec. 2021 (₸1,330,637 Mil) and increased from Dec. 2021 (₸1,330,637 Mil) to Dec. 2022 (₸1,884,783 Mil).

Magnit PJSC Accounts Payable & Accrued Expense Historical Data

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

Magnit PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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802,596.04

1,116,404.24

1,034,824.80

1,330,636.88

1,884,783.37

Magnit PJSC Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															937,492.00	1,330,636.88	1,360,156.62	1,884,783.37	1,188,038.74

Magnit PJSC 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.

Magnit PJSC (XKAZ:RU_MGNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magnit PJSC (XKAZ:RU_MGNT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MGNT:Russia

Address

15/5, Solnechnaya Street, Krasnodar, RUS, 350072

Website

https://www.magnit.com

PJSC Magnit operates in the retail and distribution of consumer goods under the Magnit, the DIXY and the Megamart names. The Group's retail operations are operated through convenience stores, cosmetic stores, supermarkets and other. The Group's business operations are located in the Russian Federation and relate primarily to retail sales of consumer goods. The company operates in about 4,000 localities. The company utilizes a multiformat model, which includes convenience and drogerie stores, supermarkets and pharmacies. Aside from commodity sales, it operates a private-label food production business. The company manages several plants for growing vegetables and the production of dry food and confectionery.

Magnit PJSC (XKAZ:RU_MGNT) Headlines

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