Baker Hughes Co (FRA:68V) Accounts Payable & Accrued Expense : €4,227 Mil (As of Mar. 2024)

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What is Baker Hughes Co Accounts Payable & Accrued Expense?

Baker Hughes Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (€3,863 Mil) to Dec. 2023 (€4,100 Mil) and increased from Dec. 2023 (€4,100 Mil) to Mar. 2024 (€4,227 Mil).

Baker Hughes Co's annual accounts payable & accrued expense increased from Dec. 2021 (€3,314 Mil) to Dec. 2022 (€4,057 Mil) and increased from Dec. 2022 (€4,057 Mil) to Dec. 2023 (€4,100 Mil).

Baker Hughes Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Baker Hughes Co'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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Baker Hughes Co Accounts Payable & Accrued Expense Chart

Baker Hughes Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,841.20

2,903.30

3,314.33

4,057.31

4,099.91

Baker Hughes Co 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															3,981.64	3,834.14	3,863.25	4,099.91	4,227.40

Baker Hughes Co 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.

Baker Hughes Co (FRA:68V) Business Description

Industry

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Traded in Other Exchanges

BKR:USA BKR:Mexico 68V:Germany B1KR34:Brazil BKR:Austria

Address

17021 Aldine Westfield Road, Houston, TX, USA, 77073-5101

Website

https://www.bakerhughes.com

Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.

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