Hexcel (FRA:HXL) Current Accrued Expense : €82 Mil (As of Mar. 2024)

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What is Hexcel Current Accrued Expense?

Hexcel's Current Accrued Expense for the quarter that ended in Mar. 2024 was €82 Mil.

Hexcel's quarterly Current Accrued Expense increased from Sep. 2023 (€66 Mil) to Dec. 2023 (€69 Mil) and increased from Dec. 2023 (€69 Mil) to Mar. 2024 (€82 Mil).

Hexcel's annual Current Accrued Expense increased from Dec. 2021 (€65 Mil) to Dec. 2022 (€78 Mil) but then declined from Dec. 2022 (€78 Mil) to Dec. 2023 (€69 Mil).

Hexcel Current Accrued Expense Historical Data

The historical data trend for Hexcel's Current 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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Hexcel Current Accrued Expense Chart

Hexcel Annual Data

Trend

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Dec23

Current Accrued Expense

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57.06

53.76

64.96

77.88

68.78

Hexcel Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Accrued Expense	Get a 7-Day Free Trial															85.84	76.79	66.34	68.78	81.51

Hexcel Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Hexcel Current Accrued Expense Related Terms

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Hexcel (FRA:HXL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hexcel Corp (FRA:HXL) » Definitions » Current Accrued Expense

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HXL:USA

Address

281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, USA, 06901

Website

https://www.hexcel.com

Founded in 1948, Hexcel designs and manufactures a range of high-performance composite fibers, fabrics, resins, and structures for use in commercial aerospace, defense, and other industrial markets. These are engineered to be lighter than metal and perform under rigorous conditions in aircraft frames, wings, engines, and other components and subassemblies. The company's name derives from the six-sided honeycomb structures that lend many of its products their light weight and rigidity. Hexcel's biggest customers are Airbus (38% of 2022 sales) and Boeing (25% of prepandemic sales) and its respective subcontractors.