Metalurgica Gerdau (BSP:GOAU3) Accounts Payable & Accrued Expense : R$7,288 Mil (As of Mar. 2024)

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What is Metalurgica Gerdau Accounts Payable & Accrued Expense?

Metalurgica Gerdau's quarterly accounts payable & accrued expense increased from Jun. 2023 (R$7,486 Mil) to Dec. 2023 (R$7,661 Mil) but then declined from Dec. 2023 (R$7,661 Mil) to Mar. 2024 (R$7,288 Mil).

Metalurgica Gerdau's annual accounts payable & accrued expense declined from Dec. 2021 (R$10,467 Mil) to Dec. 2022 (R$8,491 Mil) and declined from Dec. 2022 (R$8,491 Mil) to Dec. 2023 (R$7,661 Mil).

Metalurgica Gerdau Accounts Payable & Accrued Expense Historical Data

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

Metalurgica Gerdau Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,820.87

7,883.20

10,467.27

8,491.27

7,661.18

Metalurgica Gerdau Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8,491.27	8,611.89	7,486.05	7,661.18	7,288.16

Metalurgica Gerdau 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.

Metalurgica Gerdau (BSP:GOAU3) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Metalurgica Gerdau SA (BSP:GOAU3) » Definitions » Accounts Payable & Accrued Expense

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GOAU4:Brazil

Address

Avenida Farrapos, 1811, Porto Alegre, RS, BRA, 90220005

Website

https://www2.gerdau.com.br

Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.

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