Morgan Advanced Materials (CHIX:MGAML) Accounts Payable & Accrued Expense : £209 Mil (As of Dec. 2023)

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What is Morgan Advanced Materials Accounts Payable & Accrued Expense?

Morgan Advanced Materials's quarterly accounts payable & accrued expense declined from Dec. 2022 (£216 Mil) to Jun. 2023 (£214 Mil) and declined from Jun. 2023 (£214 Mil) to Dec. 2023 (£209 Mil).

Morgan Advanced Materials's annual accounts payable & accrued expense increased from Dec. 2021 (£190 Mil) to Dec. 2022 (£216 Mil) but then declined from Dec. 2022 (£216 Mil) to Dec. 2023 (£209 Mil).

Morgan Advanced Materials Accounts Payable & Accrued Expense Historical Data

The historical data trend for Morgan Advanced Materials'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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Morgan Advanced Materials Accounts Payable & Accrued Expense Chart

Morgan Advanced Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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194.10

158.80

190.40

216.40

209.00

Morgan Advanced Materials Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															190.40	215.80	216.40	214.40	209.00

Morgan Advanced Materials 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.

Morgan Advanced Materials (CHIX:MGAML) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Morgan Advanced Materials PLC (CHIX:MGAMl) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MCRUF:USA MGAM:UK MGJ:Germany

Address

Sheet Street, York House, Windsor, GBR, SL4 1DD

Website

https://www.morganadvancedmaterials.com

Morgan Advanced Materials PLC is a U.K.-based company that manufactures a wide array of specialized and high-specification materials. The company's product line includes high-temperature insulation products used to reduce energy consumption, electrical carbon, linear and rotary transfer systems used for transferring electrical energy in motor and generator applications, seals and bearings, ceramic cores, piezoelectric sensors and transducers, crucibles, and others. The company's customers come from sectors including healthcare, petrochemical, transportation, electronics, energy, security and defense, and other industrial applications. Morgan Advanced Materials has a global presence, with the United States being the largest markets for the company.

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