Herc Holdings (LTS:0J4L) Current Accrued Expense : $194 Mil (As of Mar. 2024)

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What is Herc Holdings Current Accrued Expense?

Herc Holdings's Current Accrued Expense for the quarter that ended in Mar. 2024 was $194 Mil.

Herc Holdings's quarterly Current Accrued Expense declined from Sep. 2023 ($230 Mil) to Dec. 2023 ($106 Mil) but then increased from Dec. 2023 ($106 Mil) to Mar. 2024 ($194 Mil).

Herc Holdings's annual Current Accrued Expense increased from Dec. 2021 ($82 Mil) to Dec. 2022 ($102 Mil) and increased from Dec. 2022 ($102 Mil) to Dec. 2023 ($106 Mil).

Herc Holdings Current Accrued Expense Historical Data

The historical data trend for Herc Holdings'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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Herc Holdings Current Accrued Expense Chart

Herc Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Accrued Expense

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72.40

70.50

82.30

102.00

106.00

Herc Holdings 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															186.00	233.00	230.00	106.00	194.00

Herc Holdings 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.

Herc Holdings Current Accrued Expense Related Terms

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Herc Holdings (LTS:0J4L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Herc Holdings Inc (LTS:0J4L) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

HRI:USA

Address

27500 Riverview Center Boulevard, Bonita Springs, FL, USA, 34134

Website

https://www.hercrentals.com

Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.2 billion. It serves commercial and residential construction customers, the environmental sector, industrial entities, and entertainment production companies. During much of its 50-year-plus history, the company has rented equipment such as aerial lifts to its customers for intermittent use. More recently, it has broadened its catalog to include a host of specialty items. Separately, Herc Holdings' strategy now incorporates long-term rentals to industrial customers where Herc maintains its own staff at the customer site.

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