Allegion (STU:60A) Accounts Payable & Accrued Expense : €563 Mil (As of Mar. 2024)

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What is Allegion Accounts Payable & Accrued Expense?

Allegion's quarterly accounts payable & accrued expense declined from Sep. 2023 (€597 Mil) to Dec. 2023 (€488 Mil) but then increased from Dec. 2023 (€488 Mil) to Mar. 2024 (€563 Mil).

Allegion's annual accounts payable & accrued expense increased from Dec. 2021 (€417 Mil) to Dec. 2022 (€525 Mil) but then declined from Dec. 2022 (€525 Mil) to Dec. 2023 (€488 Mil).

Allegion Accounts Payable & Accrued Expense Historical Data

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

Allegion Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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367.65

351.82

416.75

525.15

488.12

Allegion 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															612.61	598.29	597.06	488.12	563.22

Allegion 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.

Allegion (STU:60A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Allegion PLC (STU:60A) » Definitions » Accounts Payable & Accrued Expense

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ALLE:USA

Address

Harcourt Road, Iveagh Court, Block D, Dublin 2, IRL, D02 VH94

Website

https://www.allegion.com

Allegion is a global security products company with a portfolio of leading brands such as Schlage, Von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013. In fiscal 2022, Allegion generated 73% of sales in the United States. The company mainly competes with Sweden-based Assa Abloy and Switzerland-based Dormakaba.

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