MM Group Industrial & International Trade (In Kind) (CAI:MTIE) Accounts Payable & Accrued Expense : E£897 Mil (As of Dec. 2023)

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What is MM Group Industrial & International Trade (In Kind) Accounts Payable & Accrued Expense?

MM Group Industrial & International Trade (In Kind)'s quarterly accounts payable & accrued expense declined from Jun. 2023 (E£1,480 Mil) to Sep. 2023 (E£1,101 Mil) and declined from Sep. 2023 (E£1,101 Mil) to Dec. 2023 (E£897 Mil).

MM Group Industrial & International Trade (In Kind)'s annual accounts payable & accrued expense declined from Dec. 2021 (E£837 Mil) to Dec. 2022 (E£634 Mil) but then increased from Dec. 2022 (E£634 Mil) to Dec. 2023 (E£897 Mil).

MM Group Industrial & International Trade (In Kind) Accounts Payable & Accrued Expense Historical Data

The historical data trend for MM Group Industrial & International Trade (In Kind)'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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MM Group Industrial & International Trade (In Kind) Accounts Payable & Accrued Expense Chart

MM Group Industrial & International Trade (In Kind) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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777.69

627.45

836.71

633.53

896.68

MM Group Industrial & International Trade (In Kind) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															633.53	1,555.60	1,480.22	1,100.78	896.68

MM Group Industrial & International Trade (In Kind) 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.

MM Group Industrial & International Trade (In Kind) (CAI:MTIE) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

18 El-Obour Buildings Salah Salem Street, Cairo, EGY

Website

https://www.mti-mmgroup.com

MM Group Industrial & International Trade (In Kind) is an Egypt-based company. It operates in the consumer electronics distribution and retail segment. The company's line of business includes Consumer and electronics; Telecommunication; Automotive and Tractors and pipes. It generates maximum revenue from Consumer and electronics.

MM Group Industrial & International Trade (In Kind) (CAI:MTIE) Headlines

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