Linamar (Linamar) Accounts Payable & Accrued Expense : $1,691 Mil (As of Dec. 2023)

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What is Linamar Accounts Payable & Accrued Expense?

Linamar's quarterly accounts payable & accrued expense declined from Jun. 2023 ($1,740 Mil) to Sep. 2023 ($1,725 Mil) and declined from Sep. 2023 ($1,725 Mil) to Dec. 2023 ($1,691 Mil).

Linamar's annual accounts payable & accrued expense increased from Dec. 2021 ($1,190 Mil) to Dec. 2022 ($1,402 Mil) and increased from Dec. 2022 ($1,402 Mil) to Dec. 2023 ($1,691 Mil).

Linamar Accounts Payable & Accrued Expense Historical Data

The historical data trend for Linamar'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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Linamar Accounts Payable & Accrued Expense Chart

Linamar Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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983.40

1,199.32

1,190.43

1,402.01

1,690.70

Linamar Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,402.01	1,630.31	1,739.56	1,725.27	1,690.70

Linamar 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.

Linamar (Linamar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Linamar Corp (OTCPK:LIMAF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

LNR:Germany LNR:Canada

Address

287 Speedvale Avenue West, Guelph, ON, CAN, N1H 1C5

Website

https://www.linamar.com

Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment.