Mercantile Ports and Logistics (STU:9KS0) Accounts Payable & Accrued Expense : €4.87 Mil (As of Dec. 2023)

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What is Mercantile Ports and Logistics Accounts Payable & Accrued Expense?

Mercantile Ports and Logistics's quarterly accounts payable & accrued expense increased from Dec. 2022 (€9.66 Mil) to Jun. 2023 (€12.27 Mil) but then declined from Jun. 2023 (€12.27 Mil) to Dec. 2023 (€4.87 Mil).

Mercantile Ports and Logistics's annual accounts payable & accrued expense declined from Dec. 2021 (€12.04 Mil) to Dec. 2022 (€9.66 Mil) and declined from Dec. 2022 (€9.66 Mil) to Dec. 2023 (€4.87 Mil).

Mercantile Ports and Logistics Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mercantile Ports and Logistics'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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Mercantile Ports and Logistics Accounts Payable & Accrued Expense Chart

Mercantile Ports and Logistics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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14.27

16.04

12.04

9.66

4.87

Mercantile Ports and Logistics 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															12.04	10.61	9.66	12.27	4.87

Mercantile Ports and Logistics 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.

Mercantile Ports and Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mercantile Ports and Logistics Ltd (STU:9KS0) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

MPL.GB:UK MPL:UK

Address

Le Bordage Road, 1st Floor, Tudor House, Saint Peter Port, GGY, GY1 1DB

Website

https://www.mercpl.com

Mercantile Ports and Logistics Ltd develops, owns, and operates port and logistics facilities. The site of the company's first project is at Karanja Creek in the Raigad district of Maharashtra, where it intends to develop and operate a modern and efficient port and logistics complex. At the Karanja port, the company focuses on mid-stream discharge and loading of cargo while vessels wait at anchorage for a berth in JNPT, and coastal movement of cargoes, such as containers, cement, and other break-bulk cargo, which typically ply in smaller vessels. The company has only one operating and geographic segment, being the project on hand in India. The company generates the majority of its revenue from lease income operations.

Mercantile Ports and Logistics Headlines

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