Monarch Cement Co (Monarch Cement Co) Accounts Payable & Accrued Expense : $14.29 Mil (As of Sep. 2023)

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What is Monarch Cement Co Accounts Payable & Accrued Expense?

Monarch Cement Co's quarterly accounts payable & accrued expense declined from Jun. 2018 ($12.04 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($14.29 Mil).

Monarch Cement Co's annual accounts payable & accrued expense declined from Dec. 2015 ($12.21 Mil) to Dec. 2016 ($9.66 Mil) but then increased from Dec. 2016 ($9.66 Mil) to Dec. 2017 ($11.46 Mil).

Monarch Cement Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Monarch Cement Co'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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Monarch Cement Co Accounts Payable & Accrued Expense Chart

Monarch Cement Co Annual Data

Trend

Dec08

Dec09

Dec10

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Dec12

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Dec14

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Dec17

Accounts Payable & Accrued Expense

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9.89

13.17

12.21

9.66

11.46

Monarch Cement Co Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep22	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															11.46	10.69	12.04	-	14.29

Monarch Cement Co 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.

Monarch Cement Co (Monarch Cement Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Monarch Cement Co (OTCPK:MCEM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

449 1200 Street, P.O. Box 1000, Humboldt, KS, USA, 66748-0900

Website

https://www.monarchcement.com

Monarch Cement Co is principally engaged in the manufacture and sale of portland cement. The company's subsidiaries together are engaged in the ready-mixed concrete, concrete products, and sundry building materials business. Ready-mixed concrete is manufactured by combining aggregates with portland cement, water and chemical admixtures in batch plants. It is then loaded into mixer trucks and mixed in transit to the construction site where it is delivered to the contractor. The company groups its operations into two lines of business: Cement Business and Ready-Mixed Concrete Business, of which key revenue is derived from the Cement business segment.

Monarch Cement Co (Monarch Cement Co) Headlines

From GuruFocus

Monarch Cement: No Moat

By Mark Lin Mark Lin • 12-05-2012