The Timken Co (The Timken Co) Accounts Payable & Accrued Expense : $583 Mil (As of Dec. 2023)

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What is The Timken Co Accounts Payable & Accrued Expense?

The Timken Co's quarterly accounts payable & accrued expense declined from Jun. 2023 ($645 Mil) to Sep. 2023 ($586 Mil) and declined from Sep. 2023 ($586 Mil) to Dec. 2023 ($583 Mil).

The Timken Co's annual accounts payable & accrued expense increased from Dec. 2021 ($619 Mil) to Dec. 2022 ($644 Mil) but then declined from Dec. 2022 ($644 Mil) to Dec. 2023 ($583 Mil).

The Timken Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for The Timken Co'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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The Timken Co Accounts Payable & Accrued Expense Chart

The Timken Co Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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454.00

529.70

619.00

644.20

582.80

The Timken Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															644.20	592.20	644.70	585.60	582.80

The Timken Co 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.

The Timken Co (The Timken Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Timken Co (NYSE:TKR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TKR:Mexico TKH:Germany TKH:Germany

Address

4500 Mount Pleasant Street North West, North Canton, OH, USA, 44720-5450

Website

https://www.timken.com

The Timken Company is a manufacturer of bearings, gear belts, and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorised dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Mobile Industries and Process industries. Timken generates its revenue in the United States of America.

Executives

Philip D. Fracassa	officer: CFO	1835 DUEBER AVENUE SW, CANTON OH 44706-0928
Christopher A Coughlin	officer: President-proc ind & supp chn	1835 DUEBER AVE SW, CANTON OH 44706
Timken John M Jr	director	200 MARKET AVE N STE 210, CANTON OH 44702
Hansal N. Patel	officer: VP, GC, and Secretary	4500 MOUNT PLEASANT ST. NW, NORTH CANTON OH 44720
Richard G Kyle	officer: President-mob ind & aerospace	1835 DUEBER AVE SW, CANTON OH 44706
Jacqueline F Woods	director
Natasha Pollock	officer: VP - Human Resources	4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Landin Bo Hans Olof	officer: Group Vice President	4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Timken Ward J Jr	director, officer: Chairman of the Board	200 MARKET AVE N STE 210, CANTON OH 44702
Ronald J Myers	officer: VP - Human Resources	4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Sarah C Lauber	director	833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Shelly Marie Chadwick	officer: Chief Accounting Officer	6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Karl Andreas Roellgen	officer: VP - Europe, Asia and Africa	4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Frank C Sullivan	director
Elizabeth Ann Harrell	director	4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720