Maximus (FRA:MMY) Accounts Payable & Accrued Expense : €269 Mil (As of Mar. 2024)

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What is Maximus Accounts Payable & Accrued Expense?

Maximus's quarterly accounts payable & accrued expense increased from Sep. 2023 (€265 Mil) to Dec. 2023 (€267 Mil) and increased from Dec. 2023 (€267 Mil) to Mar. 2024 (€269 Mil).

Maximus's annual accounts payable & accrued expense increased from Sep. 2021 (€265 Mil) to Sep. 2022 (€268 Mil) but then declined from Sep. 2022 (€268 Mil) to Sep. 2023 (€265 Mil).

Maximus Accounts Payable & Accrued Expense Historical Data

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

Maximus Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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174.10

219.65

265.50

267.92

264.73

Maximus 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															246.53	261.91	264.73	267.16	268.63

Maximus 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.

Maximus (FRA:MMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Maximus Inc (FRA:MMY) » Definitions » Accounts Payable & Accrued Expense

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MMS:USA

Address

1600 Tysons Boulevard, McLean, VA, USA, 22102

Website

https://www.maximus.com

Maximus Inc is an operator of government health and human services programs in the United States, United Kingdom, Canada, Australia, and Saudi Arabia. The company offers business solutions to improve the cost-effectiveness, efficiency, and quality of government-sponsored benefit programs, such as Medicaid, Medicare, Health Insurance BC, and child support programmes. Most of its revenue is derived from long-term contractual arrangements with governments around the world. The company generates maximum revenue from the U.S. Federal Services segment.

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