A.O. Smith (FRA:3SM) Accounts Payable & Accrued Expense : €744 Mil (As of Mar. 2024)

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What is A.O. Smith Accounts Payable & Accrued Expense?

A.O. Smith's quarterly accounts payable & accrued expense increased from Sep. 2023 (€772 Mil) to Dec. 2023 (€798 Mil) but then declined from Dec. 2023 (€798 Mil) to Mar. 2024 (€744 Mil).

A.O. Smith's annual accounts payable & accrued expense declined from Dec. 2021 (€921 Mil) to Dec. 2022 (€812 Mil) and declined from Dec. 2022 (€812 Mil) to Dec. 2023 (€798 Mil).

A.O. Smith Accounts Payable & Accrued Expense Historical Data

The historical data trend for A.O. Smith'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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A.O. Smith Accounts Payable & Accrued Expense Chart

A.O. Smith Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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646.11

683.66

921.37

812.41

797.79

A.O. Smith 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															769.52	728.25	771.81	797.79	744.37

A.O. Smith 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.

A.O. Smith (FRA:3SM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » A.O. Smith Corp (FRA:3SM) » Definitions » Accounts Payable & Accrued Expense

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AOS:USA

Address

11270 West Park Place, P. O. Box 245008, Suite 170, Milwaukee, WI, USA, 53224-9508

Website

https://www.aosmith.com

A.O. Smith Corporation manufactures and markets comprehensive lines of residential and commercial gas, gas tankless, and electric water heaters. Supplementary products include water heating equipment, condensing and noncondensing boilers, and water system tanks. The company's two operating segments are by geographic region: North America (majority of total revenue) and the Rest of the World. A material portion of sales in North America derive from replacing existing products, and the company utilizes a wholesale distribution channel and multiple selling locations. The Rest of the World segment sells majorly in Asian countries and operates sales offices to expand distribution and market its product portfolio.

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