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Cummins Inc  (NYSE:CMI) Accounts Payable & Accrued Expense: $4,590 Mil (As of Sep. 2017)

Cummins Inc's quarterly accounts payable & accrued expense increased from Mar. 2017 ($3,795 Mil) to Jun. 2017 ($4,141 Mil) and increased from Jun. 2017 ($4,141 Mil) to Sep. 2017 ($4,590 Mil).

Cummins Inc's annual accounts payable & accrued expense declined from Dec. 2014 ($3,511 Mil) to Dec. 2015 ($3,337 Mil) but then increased from Dec. 2015 ($3,337 Mil) to Dec. 2016 ($3,569 Mil).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Cummins Inc Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,458.00 3,015.00 3,511.00 3,337.00 3,569.00

Cummins Inc Quarterly Data

Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,492.00 3,569.00 3,795.00 4,141.00 4,590.00

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.


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