Hubbell (FRA:HUEC) Accounts Payable & Accrued Expense : €868 Mil (As of Mar. 2024)

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What is Hubbell Accounts Payable & Accrued Expense?

Hubbell's quarterly accounts payable & accrued expense increased from Sep. 2023 (€902 Mil) to Dec. 2023 (€936 Mil) but then declined from Dec. 2023 (€936 Mil) to Mar. 2024 (€868 Mil).

Hubbell's annual accounts payable & accrued expense increased from Dec. 2021 (€800 Mil) to Dec. 2022 (€937 Mil) but then declined from Dec. 2022 (€937 Mil) to Dec. 2023 (€936 Mil).

Hubbell Accounts Payable & Accrued Expense Historical Data

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

Hubbell Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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629.91

525.34

799.78

937.11

936.44

Hubbell 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															871.89	888.76	902.24	936.44	867.93

Hubbell 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.

Hubbell (FRA:HUEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hubbell Inc (FRA:HUEC) » Definitions » Accounts Payable & Accrued Expense

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HUBB:USA

Address

40 Waterview Drive, Shelton, CT, USA, 06484

Website

https://www.hubbell.com

Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: electrical and power systems. The consolidated business sells about two thirds of its products via distributors, with the remainder sold via direct sales to utilities and contractors. The 2018 acquisition of Aclara, folded into the utility solutions segment, brought Hubbell a portfolio of smart meters and communication sensors that serves electrical, water, and gas utilities.

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