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Garrett Motion (STU:G02) Accounts Payable & Accrued Expense : €1,048 Mil (As of Mar. 2024)


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What is Garrett Motion Accounts Payable & Accrued Expense?

Garrett Motion's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1,129 Mil) to Dec. 2023 (€1,095 Mil) and declined from Dec. 2023 (€1,095 Mil) to Mar. 2024 (€1,048 Mil).

Garrett Motion's annual accounts payable & accrued expense increased from Dec. 2021 (€992 Mil) to Dec. 2022 (€1,136 Mil) but then declined from Dec. 2022 (€1,136 Mil) to Dec. 2023 (€1,095 Mil).

Garrett Motion Accounts Payable & Accrued Expense Historical Data

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

Garrett Motion Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 1,092.60 907.49 992.09 1,135.63 1,094.90

Garrett Motion 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 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 1,228.21 1,184.21 1,129.09 1,094.90 1,047.88

Garrett Motion 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.

Garrett Motion (STU:G02) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Garrett Motion Inc (STU:G02) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
DAN MOD THRM ECX XPEL PHIN LAZR DORM QS MNRO TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
GTX:USA G02:Germany
Address
La Piece 16, Rolle, CHE, 1180
Website
https://www.garrettmotion.com
Garrett Motion Inc designs, manufactures and sells engineered turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs) and the vehicle independent aftermarket, as well as automotive software solutions. The company is a technology leader with expertise in delivering products across gasoline, diesel, natural gas and electrified powertrains. The company also sells its technologies in the aftermarket through its distribution network.

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