MK Restaurant Group PCL (BKK:M) Accounts Payable & Accrued Expense : ฿1,458 Mil (As of Mar. 2024)

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What is MK Restaurant Group PCL Accounts Payable & Accrued Expense?

MK Restaurant Group PCL's quarterly accounts payable & accrued expense increased from Sep. 2023 (฿1,490 Mil) to Dec. 2023 (฿1,805 Mil) but then declined from Dec. 2023 (฿1,805 Mil) to Mar. 2024 (฿1,458 Mil).

MK Restaurant Group PCL's annual accounts payable & accrued expense increased from Dec. 2021 (฿1,400 Mil) to Dec. 2022 (฿1,602 Mil) and increased from Dec. 2022 (฿1,602 Mil) to Dec. 2023 (฿1,805 Mil).

MK Restaurant Group PCL Accounts Payable & Accrued Expense Historical Data

The historical data trend for MK Restaurant Group PCL'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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MK Restaurant Group PCL Accounts Payable & Accrued Expense Chart

MK Restaurant Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,133.96

1,457.58

1,400.39

1,601.78

1,804.56

MK Restaurant Group PCL 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															1,565.26	1,529.51	1,489.87	1,804.56	1,457.66

MK Restaurant Group PCL 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.

MK Restaurant Group PCL (BKK:M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MK Restaurant Group PCL (BKK:M) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1200 Debaratna Road, Bangnatai, Bangna, Bangkok, THA, 10260

Website

https://www.mkrestaurant.com

MK Restaurant Group PCL operates nearly 703 Suki, Thai, and Japanese restaurants in Thailand under brand names including MK, Siam, Yayoi, Miyazaki, and Hakata. The company also has a franchise agreement with Plenus-MK Limited for that company to operate franchised Sukiyaki restaurants in Japan. In addition to the restaurants, MK Restaurant Group has a smaller training service provider segment that provides management service and training to other companies. More than 90% of the company's revenue comes from Thailand.