Spirit AeroSystems Holdings (STU:S9Q) Accounts Payable & Accrued Expense : €1,492 Mil (As of Mar. 2024)

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What is Spirit AeroSystems Holdings Accounts Payable & Accrued Expense?

Spirit AeroSystems Holdings's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1,415 Mil) to Dec. 2023 (€1,347 Mil) but then increased from Dec. 2023 (€1,347 Mil) to Mar. 2024 (€1,492 Mil).

Spirit AeroSystems Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (€921 Mil) to Dec. 2022 (€1,204 Mil) and increased from Dec. 2022 (€1,204 Mil) to Dec. 2023 (€1,347 Mil).

Spirit AeroSystems Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Spirit AeroSystems Holdings'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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Spirit AeroSystems Holdings Accounts Payable & Accrued Expense Chart

Spirit AeroSystems Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,160.37

751.88

921.37

1,203.98

1,347.07

Spirit AeroSystems Holdings 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															1,357.29	1,276.14	1,414.68	1,347.07	1,492.42

Spirit AeroSystems Holdings 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.

Spirit AeroSystems Holdings (STU:S9Q) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Spirit AeroSystems Holdings Inc (STU:S9Q) » Definitions » Accounts Payable & Accrued Expense

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SPR:USA

Address

3801 South Oliver Street, Wichita, KS, USA, 67210

Website

https://www.spiritaero.com

Spirit AeroSystems manufactures aerostructures, particularly fuselages, cockpits, wing sections, engine pylons, and nacelles for commercial and military aircraft. The company was spun out of Boeing in 2005, and the firm is the largest independent supplier of aerostructures for commercial aircraft. Boeing and Airbus are the firm's primary customers—Boeing represented roughly 60% and Airbus roughly 20% of revenue in recent years. The company is highly exposed to Boeing's 737 program, which accounts for nearly half the company's revenue.

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