Leonardo DRS (XTAE:DRS) Accounts Payable & Accrued Expense : ₪1,219 Mil (As of Mar. 2024)

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What is Leonardo DRS Accounts Payable & Accrued Expense?

Leonardo DRS's quarterly accounts payable & accrued expense increased from Sep. 2023 (₪1,460 Mil) to Dec. 2023 (₪1,916 Mil) but then declined from Dec. 2023 (₪1,916 Mil) to Mar. 2024 (₪1,219 Mil).

Leonardo DRS's annual accounts payable & accrued expense increased from Dec. 2021 (₪2,035 Mil) to Dec. 2022 (₪2,042 Mil) but then declined from Dec. 2022 (₪2,042 Mil) to Dec. 2023 (₪1,916 Mil).

Leonardo DRS Accounts Payable & Accrued Expense Historical Data

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

Leonardo DRS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,271.70

1,997.46

2,034.52

2,041.94

1,915.94

Leonardo DRS Quarterly Data
	Dec18	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														1,189.59	1,278.53	1,460.11	1,915.94	1,219.23

Leonardo DRS 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.

Leonardo DRS (XTAE:DRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Leonardo DRS Inc (XTAE:DRS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

DRS:USA 2VZ:Germany

Address

2345 Crystal Drive, Suite 1000, Arlington, VA, USA, 22202

Website

https://www.leonardodrs.com

Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space and cyber domains. The diverse array of defense systems and solutions is offered to all branches of the U.S. military, aerospace and defense prime contractors, government intelligence agencies and international military customers for deployment on a wide range of military platforms.