Rheinmetall AG (Rheinmetall AG) Accounts Payable & Accrued Expense : $1,252 Mil (As of Mar. 2024)

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What is Rheinmetall AG Accounts Payable & Accrued Expense?

Rheinmetall AG's quarterly accounts payable & accrued expense increased from Sep. 2023 ($1,137 Mil) to Dec. 2023 ($1,573 Mil) but then declined from Dec. 2023 ($1,573 Mil) to Mar. 2024 ($1,252 Mil).

Rheinmetall AG's annual accounts payable & accrued expense increased from Dec. 2021 ($1,082 Mil) to Dec. 2022 ($1,164 Mil) and increased from Dec. 2022 ($1,164 Mil) to Dec. 2023 ($1,573 Mil).

Rheinmetall AG Accounts Payable & Accrued Expense Historical Data

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

Rheinmetall AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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957.78

1,036.50

1,082.49

1,164.20

1,572.52

Rheinmetall AG 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															977.52	1,048.75	1,136.61	1,572.52	1,252.17

Rheinmetall AG 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.

Rheinmetall AG (Rheinmetall AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rheinmetall AG (OTCPK:RNMBY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RNMBF:USA 1RHM:Italy RHMd:UK 0NI1:UK RHM:Germany RHM:Austria

Address

Rheinmetall Platz 1, Dusseldorf, NW, DEU, 40476

Website

https://www.rheinmetall.com

Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapon and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapon and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.