Meggitt (Meggitt) Accounts Payable & Accrued Expense : $445 Mil (As of Jun. 2022)

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What is Meggitt Accounts Payable & Accrued Expense?

Meggitt's quarterly accounts payable & accrued expense declined from Jun. 2021 ($408 Mil) to Dec. 2021 ($383 Mil) but then increased from Dec. 2021 ($383 Mil) to Jun. 2022 ($445 Mil).

Meggitt's annual accounts payable & accrued expense declined from Dec. 2019 ($621 Mil) to Dec. 2020 ($396 Mil) and declined from Dec. 2020 ($396 Mil) to Dec. 2021 ($383 Mil).

Meggitt Accounts Payable & Accrued Expense Historical Data

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

Meggitt Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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482.44

533.29

621.10

396.37

382.71

Meggitt Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															497.12	396.37	407.85	382.71	444.95

Meggitt 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.

Meggitt (Meggitt) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Meggitt PLC (OTCPK:MEGGY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ansty Business Park, Pilot Way, Coventry, GBR, CV7 9JU

Website

https://www.meggitt.com

Meggitt designs and manufactures high performance components and sub-systems for the aerospace, defense, and energy markets. Key products include aircraft wheels and brakes, fire and safety systems, sensors, fuel systems, and polymer seals. Of the EUR 1.9 billion group revenue reported in 2020, 43% is derived from civil aerospace markets, 46% from defense, and 11% from energy markets. The company commands a leading share within many of its product categories and enjoys a high level of sole-source positions on long-term civil and military programs. Activities are evenly split between production of original equipment and aftermarket services.

Meggitt (Meggitt) Headlines

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Take a Look at Meggitt

By Holmes Osborne, CFA Holmes Osborne, CFA • 08-17-2016