NemakB de CV (NemakB de CV) Accounts Payable & Accrued Expense : $1,588 Mil (As of Mar. 2024)

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What is NemakB de CV Accounts Payable & Accrued Expense?

NemakB de CV's quarterly accounts payable & accrued expense increased from Sep. 2023 ($11 Mil) to Dec. 2023 ($1,488 Mil) and increased from Dec. 2023 ($1,488 Mil) to Mar. 2024 ($1,588 Mil).

NemakB de CV's annual accounts payable & accrued expense increased from Dec. 2021 ($1,411 Mil) to Dec. 2022 ($1,670 Mil) but then declined from Dec. 2022 ($1,670 Mil) to Dec. 2023 ($1,488 Mil).

NemakB de CV Accounts Payable & Accrued Expense Historical Data

The historical data trend for NemakB de CV'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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NemakB de CV Accounts Payable & Accrued Expense Chart

NemakB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,091.87

1,181.25

1,411.20

1,669.51

1,487.57

NemakB de CV 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															13.00	12.00	11.00	1,487.57	1,588.18

NemakB de CV 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.

NemakB de CV (NemakB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nemak SAB de CV (OTCPK:NMAKF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NEMAKA:Mexico

Address

Libramiento Arco Vial Km. 3.8, Garcia, Mexico, NL, MEX, 66000

Website

https://www.nemak.com

Nemak SAB de CV is a Mexican company that is active in the automotive industry. The company is engaged in the production of complex aluminum components for powertrain and body structure applications. Its product portfolio includes cylinder heads, engine blocks, transmission parts, structural parts, cargo floor reinforcement, reinforcement side members, transmission housing, shock tower, cross member, support bracket, frame rail, and other components. The company has business operations in Canada, the United States, Mexico, Brazil, Spain, Germany, Poland, Russia, India, China, and others. Nemak earns nearly half of its revenue from North America.

NemakB de CV (NemakB de CV) Headlines

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