Lincoln Electric Holdings (Lincoln Electric Holdings) Accounts Payable & Accrued Expense : $328 Mil (As of Mar. 2024)

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What is Lincoln Electric Holdings Accounts Payable & Accrued Expense?

Lincoln Electric Holdings's quarterly accounts payable & accrued expense increased from Sep. 2023 ($328 Mil) to Dec. 2023 ($366 Mil) but then declined from Dec. 2023 ($366 Mil) to Mar. 2024 ($328 Mil).

Lincoln Electric Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($363 Mil) to Dec. 2022 ($389 Mil) but then declined from Dec. 2022 ($389 Mil) to Dec. 2023 ($366 Mil).

Lincoln Electric Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lincoln Electric Holdings'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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Lincoln Electric Holdings Accounts Payable & Accrued Expense Chart

Lincoln Electric Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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302.69

286.95

363.15

388.96

365.89

Lincoln Electric Holdings 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															361.24	358.16	328.46	365.89	327.80

Lincoln Electric Holdings 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.

Lincoln Electric Holdings (Lincoln Electric Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lincoln Electric Holdings Inc (NAS:LECO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LNE:Germany

Address

22801 Street Clair Avenue, Cleveland, OH, USA, 44117

Website

https://www.lincolnelectric.com

Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. The firm's portfolio of products includes arc-welding solutions, plasma and oxy-fuel cutting systems, and brazing and soldering alloys, as well as automation solutions. Lincoln Electric serves clients in the general fabrication, heavy industries, automotive, construction, shipbuilding, energy and process industries, among other end markets. Based in Cleveland, Ohio, Lincoln Electric has operations in 19 countries and has 11,000 employees worldwide. The company generated roughly $3.8 billion in sales in 2022.

Executives

Michael J Whitehead	officer: SVP, Strat. & Business Dev.	22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Christopher L Mapes	director	REGAL BELOIT CORP, 200 STATE STREET, BELOIT WI 53511
Steven B Hedlund	officer: V. P. Strategy & Bus. Dev.	22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Geoffrey P Allman	officer: Sr. V.P., Corporate Controller	22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Michele R Kuhrt	officer: Ex. V.P., CIO	22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Marc A Howze	director	DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Jennifer I Ansberry	officer: Ex.V.P. General Counsel & Secy	22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Bonnie J Fetch	director	500 JACKSON STREET, COLUMBUS IN 47201
Kathryn Jo Lincoln	director	1741 EAST MORTEN AVE, PHOENIX AZ 85020
Peter M. Pletcher	officer: SVP, President International	22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Gregory Doria	officer: SVP, Pres Harris Products Gr.	22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Gabriel Bruno	officer: V.P., Corporate Controller	22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Lisa Dietrich	officer: EVP, CIO	22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Brian Chambers	director	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Thomas A Flohn	officer: VP; Pres. (Asia Pac.)	22801 ST. CLAIR AVENUE, CLEVELAND OH 44117