Howmet Aerospace (XTER:48Z) Accounts Payable & Accrued Expense : €1,006 Mil (As of Mar. 2024)

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What is Howmet Aerospace Accounts Payable & Accrued Expense?

Howmet Aerospace's quarterly accounts payable & accrued expense increased from Sep. 2023 (€960 Mil) to Dec. 2023 (€1,022 Mil) but then declined from Dec. 2023 (€1,022 Mil) to Mar. 2024 (€1,006 Mil).

Howmet Aerospace's annual accounts payable & accrued expense increased from Dec. 2021 (€767 Mil) to Dec. 2022 (€1,024 Mil) but then declined from Dec. 2022 (€1,024 Mil) to Dec. 2023 (€1,022 Mil).

Howmet Aerospace Accounts Payable & Accrued Expense Historical Data

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

Howmet Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,037.70

649.38

767.30

1,024.24

1,022.46

Howmet Aerospace 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															937.74	952.54	960.43	1,022.46	1,005.56

Howmet Aerospace 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.

Howmet Aerospace (XTER:48Z) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Howmet Aerospace Inc (XTER:48Z) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HWM.PR.PFD:USA HWM:USA 48Z:Germany HWMCL:Chile HWM:Austria

Address

201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872

Website

https://www.howmet.com

Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with innovative solutions through offering differentiated products such as airfoils with advanced cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.

Howmet Aerospace (XTER:48Z) Headlines

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