Phinia (FRA:3A6) Accounts Payable & Accrued Expense : €720 Mil (As of Mar. 2024)

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What is Phinia Accounts Payable & Accrued Expense?

Phinia's quarterly accounts payable & accrued expense declined from Sep. 2023 (€912 Mil) to Dec. 2023 (€733 Mil) and declined from Dec. 2023 (€733 Mil) to Mar. 2024 (€720 Mil).

Phinia's annual accounts payable & accrued expense increased from Dec. 2021 (€758 Mil) to Dec. 2022 (€774 Mil) but then declined from Dec. 2022 (€774 Mil) to Dec. 2023 (€733 Mil).

Phinia Accounts Payable & Accrued Expense Historical Data

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

Phinia Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

758.45

774.08

732.68

Phinia Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						446.45	652.56	911.70	732.68	720.36

Phinia 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.

Phinia (FRA:3A6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Phinia Inc (FRA:3A6) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PHIN:USA

Address

3000 University Drive, Auburn Hills, MI, USA, 48326

Website

Phinia Inc is a leader in the development, design and manufacture of integrated components and systems that optimize performance, increase efficiency and reduce emissions in combustion and hybrid propulsion for commercial vehicles and industrial applications and light vehicles. It is a global supplier to most major original equipment manufacturers (OEMs) and offers a wide range of original equipment service (OES) solutions and remanufactured products as well as an expanded range of products for the independent (non-OEM) aftermarket. Phinia has an extensive original equipment portfolio of advanced fuel injection systems, fuel delivery modules, canisters, starters, alternators, sensors, electronic control modules and associated software.

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