MTU Aero Engines AG (MTU Aero Engines AG) Accounts Payable & Accrued Expense : $466 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is MTU Aero Engines AG Accounts Payable & Accrued Expense?

MTU Aero Engines AG's quarterly accounts payable & accrued expense increased from Dec. 2022 ($438 Mil) to Jun. 2023 ($561 Mil) but then declined from Jun. 2023 ($561 Mil) to Dec. 2023 ($466 Mil).

MTU Aero Engines AG's annual accounts payable & accrued expense increased from Dec. 2021 ($224 Mil) to Dec. 2022 ($438 Mil) and increased from Dec. 2022 ($438 Mil) to Dec. 2023 ($466 Mil).

MTU Aero Engines AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for MTU Aero Engines 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.

* Premium members only.

MTU Aero Engines AG Accounts Payable & Accrued Expense Chart

MTU Aero Engines AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

401.11

228.71

223.73

437.50

465.65

MTU Aero Engines AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															223.73	361.52	437.50	561.21	465.65

MTU Aero Engines 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.

MTU Aero Engines AG (MTU Aero Engines AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MTU Aero Engines AG (OTCPK:MTUAF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MTUAY:USA 1MTX:Italy MTXd:UK 0FC9:UK MTX1:Germany MTX1:Germany MTX:Germany MTX:Germany MTX:Germany MTX:Germany MTX:Austria

Address

Dachauer Strasse 665, Munich, BY, DEU, 80995

Website

https://www.mtu.de

MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. MTU is also a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.

MTU Aero Engines AG (MTU Aero Engines AG) Headlines

From GuruFocus

David Herro Comments on MTU Aero Engines

By Holly LaFon Holly LaFon • 01-10-2014

International Guru David Herro's Three New Stocks in Emerging Markets Optimism

By Holly LaFon Holly LaFon • 02-20-2014