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GE Vernova (FRA:Y5C) Accounts Payable & Accrued Expense : €7,789 Mil (As of Mar. 2025)


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What is GE Vernova Accounts Payable & Accrued Expense?

GE Vernova's quarterly accounts payable & accrued expense increased from Sep. 2024 (€8,108 Mil) to Dec. 2024 (€8,292 Mil) but then declined from Dec. 2024 (€8,292 Mil) to Mar. 2025 (€7,789 Mil).

GE Vernova's annual accounts payable & accrued expense declined from Dec. 2022 (€8,499 Mil) to Dec. 2023 (€7,845 Mil) but then increased from Dec. 2023 (€7,845 Mil) to Dec. 2024 (€8,292 Mil).


GE Vernova Accounts Payable & Accrued Expense Historical Data

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

GE Vernova Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
- 8,498.83 7,844.94 8,292.27

GE Vernova Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,107.92 7,325.17 8,108.10 8,292.27 7,789.43

GE Vernova 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.


GE Vernova Business Description

Industry
Address
58 Charles Street, Cambridge, MA, USA, 02141
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to point of consumption.

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