nVent Electric (nVent Electric) Accounts Payable & Accrued Expense : $464 Mil (As of Dec. 2023)

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What is nVent Electric Accounts Payable & Accrued Expense?

nVent Electric's quarterly accounts payable & accrued expense increased from Jun. 2023 ($380 Mil) to Sep. 2023 ($405 Mil) and increased from Sep. 2023 ($405 Mil) to Dec. 2023 ($464 Mil).

nVent Electric's annual accounts payable & accrued expense increased from Dec. 2021 ($418 Mil) to Dec. 2022 ($422 Mil) and increased from Dec. 2022 ($422 Mil) to Dec. 2023 ($464 Mil).

nVent Electric Accounts Payable & Accrued Expense Historical Data

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

nVent Electric Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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285.70

273.80

418.10

421.90

464.20

nVent Electric Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															421.90	400.10	379.50	405.10	464.20

nVent Electric 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.

nVent Electric (nVent Electric) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » nVent Electric PLC (NYSE:NVT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

1000 Great West Road, 8th Floor (East), The Mille, London, GBR, TW8 9DW

Website

https://www.nvent.com

nVent Electric PLC is a provider of electrical connection and protection solutions. The company segments include Enclosures, Thermal Management, and Electrical and Fastening Solutions. It generates maximum revenue from the Enclosures segment. The Enclosures segment provides inventive solutions that protect, connect and manage heat in critical electronics, communication, control, and power equipment. Geographically, it derives a majority of revenue from the U.S. and Canada. The company serves the Commercial and Residential, Energy, Industrial Solutions, and Infrastructure industries. Its products include Cabinets and Electronic Packaging, Electrical Fasteners, Hangers and Support, Concrete Reinforcing Steel Connections, Data Center and Networking Systems and others.

Executives

Michael B Faulconer	officer: President - Thermal Management	1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Randolph A. Wacker	officer: SVP & Chief Accounting Officer	1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Joseph A. Ruzynski	officer: President of Enclosures	1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Sara E Zawoyski	officer: EVP & Chief Financial Officer	1665 UTICA AVENUE, SUITE 700, ST. LOUIS PARK MN 55416
Lynnette R Heath	officer: EVP & Chief HR Officer	1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Beth Wozniak	officer: Chief Executive Officer	555 WAYZATA BLVD. SUITE 600, MINNEAPOLIS MN 55419
Jon D. Lammers	officer: EVP, Gen. Counsel & Secretary	C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER STREET, WICHITA KS 67210
Greg Scheu	director	1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Michael L Ducker	director	P O BOX 813, LIBERTY CORNER NJ 07938
Herbert K Parker	director	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Danita K Ostling	director	1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Sherry A Aaholm	director	500 JACKSON STREET, COLUMBUS IN 47201
Susan M. Cameron	director	C/O TUPPERWARE BRANDS CORP, PO BOX 2353, ORLANDO FL 32802-2353
Jacqueline Wright	director	1665 UTICA AVENUE, SUITE 700, ST. LOUIS PARK MN 55416
Nicola Palmer	director	1665 UTICA AVENUE, ST. LOUS PARK MN 55416