BorgWarner (FRA:BGW) Current Accrued Expense : €349 Mil (As of Dec. 2023)

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What is BorgWarner Current Accrued Expense?

BorgWarner's Current Accrued Expense for the quarter that ended in Dec. 2023 was €349 Mil.

BorgWarner's quarterly Current Accrued Expense declined from Jun. 2023 (€358 Mil) to Sep. 2023 (€307 Mil) but then increased from Sep. 2023 (€307 Mil) to Dec. 2023 (€349 Mil).

BorgWarner's annual Current Accrued Expense declined from Dec. 2021 (€353 Mil) to Dec. 2022 (€346 Mil) but then increased from Dec. 2022 (€346 Mil) to Dec. 2023 (€349 Mil).

BorgWarner Current Accrued Expense Historical Data

The historical data trend for BorgWarner's Current 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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BorgWarner Current Accrued Expense Chart

BorgWarner Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Current Accrued Expense

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240.30

295.92

353.12

345.50

349.38

BorgWarner Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Current Accrued Expense	Get a 7-Day Free Trial															345.50	309.15	358.12	307.34	349.38

BorgWarner Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

BorgWarner Current Accrued Expense Related Terms

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BorgWarner (FRA:BGW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BorgWarner Inc (FRA:BGW) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

BWA:USA BGW:Germany

Address

3850 Hamlin Road, Auburn Hills, MI, USA, 48326

Website

https://www.borgwarner.com

BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 13% and 8% of 2022 revenue, respectively. Geographically, Europe accounted for 34% of 2022 revenue, while Asia and North America were 32% each.

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