Northrop Grumman (WBO:NOCO) Accounts Payable & Accrued Expense : €2,374 Mil (As of Mar. 2024)

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What is Northrop Grumman Accounts Payable & Accrued Expense?

Northrop Grumman's quarterly accounts payable & accrued expense declined from Sep. 2023 (€2,118 Mil) to Dec. 2023 (€1,935 Mil) but then increased from Dec. 2023 (€1,935 Mil) to Mar. 2024 (€2,374 Mil).

Northrop Grumman's annual accounts payable & accrued expense increased from Dec. 2021 (€1,944 Mil) to Dec. 2022 (€2,442 Mil) but then declined from Dec. 2022 (€2,442 Mil) to Dec. 2023 (€1,935 Mil).

Northrop Grumman Accounts Payable & Accrued Expense Historical Data

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

Northrop Grumman Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,003.40

1,484.53

1,944.35

2,442.13

1,934.87

Northrop Grumman Quarterly Data
	Jun19	Sep19	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															1,995.02	1,897.69	2,117.62	1,934.87	2,373.60

Northrop Grumman 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.

Northrop Grumman (WBO:NOCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Northrop Grumman Corp (WBO:NOCO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

NOC:USA NOC:Mexico NTH:Germany NTH:Germany NTH:Germany NOCG34:Brazil

Address

2980 Fairview Park Drive, Falls Church, VA, USA, 22042

Website

https://www.northropgrumman.com

Northrop Grumman is a diversified defense contractor providing aeronautics, defense, mission, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems makes artillery and missile ammunition and guidance systems, missile defense systems, and conducts maintenance and upgrades on numerous military aircraft. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Finally, space systems produces satellites, sensors, space structures, and manufactures long-range missiles and rocket motors.

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