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GuruFocus has detected 7 Warning Signs with Cummins Inc $CMI.
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Cummins Inc (NYSE:CMI)
Accounts Payable & Accrued Expense
$3,569 Mil (As of Dec. 2016)

Cummins Inc's quarterly accounts payable & accrued expense increased from Jun. 2016 ($3,460 Mil) to Sep. 2016 ($3,492 Mil) and increased from Sep. 2016 ($3,492 Mil) to Dec. 2016 ($3,569 Mil).

Cummins Inc's annual accounts payable & accrued expense declined from Dec. 2014 ($3,511 Mil) to Dec. 2015 ($3,337 Mil) but then increased from Dec. 2015 ($3,337 Mil) to Dec. 2016 ($3,569 Mil).


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.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Cummins Inc Annual Data

Accounts Payable & Accrued Expense 2,4822,5702,2672,9963,4212,8442,6553,5113,3373,569

Cummins Inc Quarterly Data

Accounts Payable & Accrued Expense 3,2543,5113,5603,5503,4963,3373,2763,4603,4923,569
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