Cummins (LTS:0I58) Current Accrued Expense : $3,637 Mil (As of Mar. 2024)

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What is Cummins Current Accrued Expense?

Cummins's Current Accrued Expense for the quarter that ended in Mar. 2024 was $3,637 Mil.

Cummins's quarterly Current Accrued Expense increased from Sep. 2023 ($1,827 Mil) to Dec. 2023 ($3,745 Mil) but then declined from Dec. 2023 ($3,745 Mil) to Mar. 2024 ($3,637 Mil).

Cummins's annual Current Accrued Expense increased from Dec. 2021 ($1,476 Mil) to Dec. 2022 ($1,662 Mil) and increased from Dec. 2022 ($1,662 Mil) to Dec. 2023 ($3,745 Mil).

Cummins Current Accrued Expense Historical Data

The historical data trend for Cummins's Current 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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Cummins Current Accrued Expense Chart

Cummins Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Accrued Expense

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1,431.00

1,320.00

1,476.00

1,662.00

3,745.00

Cummins Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Accrued Expense	Get a 7-Day Free Trial															1,694.00	1,818.00	1,827.00	3,745.00	3,637.00

Cummins Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Cummins Current Accrued Expense Related Terms

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Cummins (LTS:0I58) Business Description

Industry

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CMI:USA CUM:Germany C1MI34:Brazil

Address

500 Jackson Street, Box 3005, Columbus, IN, USA, 47202-3005

Website

https://www.cummins.com

Cummins is the top manufacturer of diesel engines used in commercial trucks, off-highway equipment, and railroad locomotives, in addition to standby and prime power generators. The company also sells powertrain components, which include transmissions, turbochargers, aftertreatment systems, and fuel systems. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers, who make and aggressively market their own engines. Despite robust competition across all its segments and increasing government regulation of carbon emissions, Cummins has maintained its leadership position in the industry.

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