MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Accounts Payable & Accrued Expense : $39.41 Mil (As of Mar. 2021)

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What is MMX Mineracao E Metalicos Accounts Payable & Accrued Expense?

MMX Mineracao E Metalicos's quarterly accounts payable & accrued expense increased from Sep. 2020 ($40.97 Mil) to Dec. 2020 ($42.85 Mil) but then declined from Dec. 2020 ($42.85 Mil) to Mar. 2021 ($39.41 Mil).

MMX Mineracao E Metalicos's annual accounts payable & accrued expense increased from Dec. 2018 ($17.39 Mil) to Dec. 2019 ($39.30 Mil) and increased from Dec. 2019 ($39.30 Mil) to Dec. 2020 ($42.85 Mil).

MMX Mineracao E Metalicos Accounts Payable & Accrued Expense Historical Data

The historical data trend for MMX Mineracao E Metalicos'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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MMX Mineracao E Metalicos Accounts Payable & Accrued Expense Chart

MMX Mineracao E Metalicos Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

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17.12

19.38

17.39

39.30

42.85

MMX Mineracao E Metalicos Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															44.48	42.22	40.97	42.85	39.41

MMX Mineracao E Metalicos 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.

MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MMX Mineracao E Metalicos SA (GREY:MMXXF) » Definitions » Accounts Payable & Accrued Expense

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Address

Rua Lauro Muller, 116 sala 1808, Botafogo Rio de Janeiro, Rio de Janeiro, RJ, BRA, 22290-160

Website

http://www.mmx.com.br

MMX Mineracao E Metalicos SA (MMX) is a Brazil-based company engaged in iron ore mining. The company has installed capacity to produce about 7 million metric tons of iron ore per year in its two systems, namely The Southeast System and the Corumba System. The Southeast System is formed by the Serra Azul and Bom Sucesso Units. It exploits the Tico-Tico and Ipe mines, located in the Serra Azul Region-in the iron mining area of Minas Gerais State. The company has also acquired the mining rights for the Pau de Vinho Mine. The iron ore produced by the Serra Azul Unit is sold to customers in Brazil and other countries.

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