Cummins (LTS:0I58) Accounts Payable & Accrued Expense : $6,721 Mil (As of Mar. 2025)

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What is Cummins Accounts Payable & Accrued Expense?

Cummins's quarterly accounts payable & accrued expense declined from Sep. 2024 ($6,503 Mil) to Dec. 2024 ($6,398 Mil) but then increased from Dec. 2024 ($6,398 Mil) to Mar. 2025 ($6,721 Mil).

Cummins's annual accounts payable & accrued expense increased from Dec. 2022 ($6,311 Mil) to Dec. 2023 ($8,543 Mil) but then declined from Dec. 2023 ($8,543 Mil) to Dec. 2024 ($6,398 Mil).

Cummins Accounts Payable & Accrued Expense Historical Data

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

Cummins Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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4,478.00

4,838.00

6,311.00

8,543.00

6,398.00

Cummins Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8,696.00	6,824.00	6,503.00	6,398.00	6,721.00

Cummins 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.

Cummins Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CMI:USA CUM:Germany CUM:Germany C1MI34:Brazil CMI:Austria

Address

500 Jackson Street, Box 3005, Columbus, IN, USA, 47202-3005

Website

https://www.cummins.com

Cummins is a leading manufacturer of diesel and other engines used in heavy- and medium-duty commercial trucks, off-highway equipment, and locomotives, in addition to prime power and standby generators. The company also sells powertrain components, which include filtration products, transmissions, turbochargers, aftertreatment systems, and fuel systems. Sales are approximately 60% US and Canada and 40% rest of world. Much of Cummins' foreign sales (China, India, and so forth) are through joint ventures. The company operates 650 distributors and over 19,000 dealer locations across 190 countries. Cummins' business model is unique as it competes with many of its heavy-duty truck manufacturer customers, who also make their own engines.

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