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Heico (HEI.A) Accounts Payable & Accrued Expense : $599 Mil (As of Jan. 2024)


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What is Heico Accounts Payable & Accrued Expense?

Heico's quarterly accounts payable & accrued expense increased from Jul. 2023 ($462 Mil) to Oct. 2023 ($502 Mil) and increased from Oct. 2023 ($502 Mil) to Jan. 2024 ($599 Mil).

Heico's annual accounts payable & accrued expense increased from Oct. 2021 ($247 Mil) to Oct. 2022 ($317 Mil) and increased from Oct. 2022 ($317 Mil) to Oct. 2023 ($502 Mil).


Heico Accounts Payable & Accrued Expense Historical Data

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

Heico Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 264.42 200.31 246.75 316.94 502.18

Heico Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 451.88 447.97 462.27 502.18 599.36

Heico 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.


Heico (HEI.A) Business Description

Industry
Traded in Other Exchanges
Address
3000 Taft Street, Hollywood, FL, USA, 33021
Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts, primarily for engines. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other things. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is highly acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow with the potential for growth.