Cummins (LTS:0I58) Change In Payables And Accrued Expense : $2,270 Mil (TTM As of Mar. 2024)

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What is Cummins Change In Payables And Accrued Expense?

Cummins's Change In Payables And Accrued Expense for the quarter that ended in Mar. 2024 was $-66 Mil. It means Cummins's Accounts Payable & Accrued Expense declined by $66 Mil from Dec. 2023 to Mar. 2024 .

Cummins's Change In Payables And Accrued Expense for the fiscal year that ended in Dec. 2023 was $2,868 Mil. It means Cummins's Accounts Payable & Accrued Expense increased by $2,868 Mil from Dec. 2022 to Dec. 2023 .

Cummins Change In Payables And Accrued Expense Historical Data

The historical data trend for Cummins's Change In Payables And 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 Change In Payables And Accrued Expense Chart

Cummins Annual Data

Trend

Dec14

Dec15

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Dec17

Dec18

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Dec20

Dec21

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Dec23

Change In Payables And Accrued Expense

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-422.00

409.00

758.00

368.00

2,868.00

Cummins Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															532.00	-206.00	260.00	2,282.00	-66.00

Cummins Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,270 Mil.

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Cummins (LTS:0I58) Business Description

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Address

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

Website

https://www.cummins.com

Cummins is the top manufacturer of diesel engines used in commercial trucks, off-highway equipment, and railroad locomotives, in addition to standby and prime power generators. The company also sells powertrain components, which include transmissions, turbochargers, aftertreatment systems, and fuel systems. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers, who make and aggressively market their own engines. Despite robust competition across all its segments and increasing government regulation of carbon emissions, Cummins has maintained its leadership position in the industry.

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