Cintas (STU:CIT) Current Accrued Expense : €710 Mil (As of Nov. 2024)

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What is Cintas Current Accrued Expense?

Cintas's Current Accrued Expense for the quarter that ended in Nov. 2024 was €710 Mil.

Cintas's quarterly Current Accrued Expense increased from May. 2024 (€403 Mil) to Aug. 2024 (€650 Mil) and increased from Aug. 2024 (€650 Mil) to Nov. 2024 (€710 Mil).

Cintas's annual Current Accrued Expense declined from May. 2022 (€327 Mil) to May. 2023 (€320 Mil) but then increased from May. 2023 (€320 Mil) to May. 2024 (€403 Mil).

Cintas Current Accrued Expense Historical Data

The historical data trend for Cintas'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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Cintas Current Accrued Expense Chart

Cintas Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Current Accrued Expense

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295.10

255.48

326.55

320.02

402.66

Cintas Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Current Accrued Expense	Get a 7-Day Free Trial															572.22	667.95	402.66	650.40	710.26

Cintas 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.

Cintas Current Accrued Expense Related Terms

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Cintas Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CTAS:USA CTAS:Mexico 0HYJ:UK C1TA34:Brazil CTAS:Austria

Address

6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737

Website

https://www.cintas.com

Cintas has roots tracing back to 1929, during which the Farmer family cleaned and re-sold dirty rags to manufacturing plants in Ohio. The firm has grown its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. In the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid, fire, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.