GE Aerospace (XPAR:GNE) Accounts Payable & Accrued Expense

: €15,024 Mil (As of Dec. 2023)

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GE Aerospace's quarterly accounts payable & accrued expense increased from Jun. 2023 (€14,320 Mil) to Sep. 2023 (€14,791 Mil) and increased from Sep. 2023 (€14,791 Mil) to Dec. 2023 (€15,024 Mil).

GE Aerospace's annual accounts payable & accrued expense declined from Dec. 2021 (€30,436 Mil) to Dec. 2022 (€15,415 Mil) and declined from Dec. 2022 (€15,415 Mil) to Dec. 2023 (€15,024 Mil).

GE Aerospace Accounts Payable & Accrued Expense Historical Data

The historical data trend for GE Aerospace'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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GE Aerospace Annual Data

Trend

Dec14

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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32,171.40

29,661.87

30,436.04

15,414.58

15,024.13

GE Aerospace 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															15,414.58	14,068.84	14,320.35	14,790.55	15,024.13

GE Aerospace 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.

GE Aerospace (XPAR:GNE) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

5 Necco Street, Boston, MA, USA, 02210

Website

https://www.ge.com

GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.