Kennametal (STU:KM3) Accounts Payable & Accrued Expense : €232 Mil (As of Mar. 2024)

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What is Kennametal Accounts Payable & Accrued Expense?

Kennametal's quarterly accounts payable & accrued expense declined from Sep. 2023 (€242 Mil) to Dec. 2023 (€229 Mil) but then increased from Dec. 2023 (€229 Mil) to Mar. 2024 (€232 Mil).

Kennametal's annual accounts payable & accrued expense increased from Jun. 2021 (€248 Mil) to Jun. 2022 (€332 Mil) but then declined from Jun. 2022 (€332 Mil) to Jun. 2023 (€296 Mil).

Kennametal Accounts Payable & Accrued Expense Historical Data

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

Kennametal Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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322.69

262.41

247.71

331.58

296.21

Kennametal 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															266.71	296.21	242.43	229.08	231.53

Kennametal 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.

Kennametal (STU:KM3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kennametal Inc (STU:KM3) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

KMT:USA KM3:Germany

Address

525 William Penn Place, Suite 3300, Pittsburgh, PA, USA, 15219

Website

https://www.kennametal.com

Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments: Metal Cutting and infrastructure. It generates maximum revenue from the Metal Cutting segment. The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives a majority of revenue from the United States.

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