H&E Equipment Services (FRA:H6P) Accounts Payable & Accrued Expense : €167 Mil (As of Mar. 2024)

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What is H&E Equipment Services Accounts Payable & Accrued Expense?

H&E Equipment Services's quarterly accounts payable & accrued expense declined from Sep. 2023 (€208 Mil) to Dec. 2023 (€147 Mil) but then increased from Dec. 2023 (€147 Mil) to Mar. 2024 (€167 Mil).

H&E Equipment Services's annual accounts payable & accrued expense increased from Dec. 2021 (€151 Mil) to Dec. 2022 (€183 Mil) but then declined from Dec. 2022 (€183 Mil) to Dec. 2023 (€147 Mil).

H&E Equipment Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for H&E Equipment Services'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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H&E Equipment Services Accounts Payable & Accrued Expense Chart

H&E Equipment Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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137.62

112.30

151.48

182.93

146.70

H&E Equipment Services 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															259.18	252.15	208.40	146.70	167.15

H&E Equipment Services 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.

H&E Equipment Services (FRA:H6P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » H&E Equipment Services Inc (FRA:H6P) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HEES:USA

Address

7500 Pecue Lane, Baton Rouge, LA, USA, 70809

Website

https://www.he-equipment.com

H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. The majority of its revenue is derived from the equipment rentals segment.

H&E Equipment Services (FRA:H6P) Headlines

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