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AAR (FRA:ARZ) Accounts Payable & Accrued Expense : €387 Mil (As of Feb. 2024)


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What is AAR Accounts Payable & Accrued Expense?

AAR's quarterly accounts payable & accrued expense declined from Aug. 2023 (€349 Mil) to Nov. 2023 (€341 Mil) but then increased from Nov. 2023 (€341 Mil) to Feb. 2024 (€387 Mil).

AAR's annual accounts payable & accrued expense increased from May. 2021 (€248 Mil) to May. 2022 (€313 Mil) but then declined from May. 2022 (€313 Mil) to May. 2023 (€311 Mil).

AAR Accounts Payable & Accrued Expense Historical Data

The historical data trend for AAR'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.

AAR Accounts Payable & Accrued Expense Chart

AAR Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 293.50 323.88 248.05 313.13 311.05

AAR Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 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 296.27 311.05 349.47 340.68 387.21

AAR 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.

AAR (FRA:ARZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AAR Corp (FRA:ARZ) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
KTOS RKLB MRCY VVX EVEX CDRE KAMN ACHR VSEC EH GE RTX XPAR:AIR LMT BA XPAR:SAF GD NOC TDG LSE:BA.
Traded in Other Exchanges
AIR:USA ARZ:Germany
Address
1100 N. Wood Dale Road, One AAR Place, Wood Dale, IL, USA, 60191
Website
https://www.aarcorp.com
AAR Corp is engaged in providing products and services to aviation, government, and defense market. It operates in two segments namely Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by it's commercial and government/defense customers. The Expeditionary Services segment consists of businesses that provide products and services supporting the movement of equipment and personnel by the U.S. Department of Defense, foreign governments, and non-governmental organizations. It generates a majority of its revenue from the Aviation Services Segment.

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