AGCO (XTER:AGJ) Accounts Payable & Accrued Expense : €3,429 Mil (As of Mar. 2024)

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What is AGCO Accounts Payable & Accrued Expense?

AGCO's quarterly accounts payable & accrued expense declined from Sep. 2023 (€3,575 Mil) to Dec. 2023 (€1,855 Mil) but then increased from Dec. 2023 (€1,855 Mil) to Mar. 2024 (€3,429 Mil).

AGCO's annual accounts payable & accrued expense increased from Dec. 2021 (€1,525 Mil) to Dec. 2022 (€1,973 Mil) but then declined from Dec. 2022 (€1,973 Mil) to Dec. 2023 (€1,855 Mil).

AGCO Accounts Payable & Accrued Expense Historical Data

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

AGCO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,229.31

1,173.90

1,525.03

1,972.58

1,854.91

AGCO 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															3,335.22	3,541.09	3,575.31	1,854.91	3,429.02

AGCO 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.

AGCO (XTER:AGJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » AGCO Corp (XTER:AGJ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AGCO:USA AGCO:Mexico AGJ:Germany

Address

4205 River Green Parkway, Duluth, GA, USA, 30096

Website

https://www.agcocorp.com

Agco is a global manufacturer of agricultural equipment. The company has five core brands: Fendt, Massey Ferguson, Challenger, Valtra, and GSI. Unlike its competitors, Agco's product line extends beyond self-propelled equipment and implements to grain handling systems and livestock management solutions. Its products are available through a global dealer network, which includes over 3,200 dealer and distribution locations. Agco offers retail and wholesale financing to customers through its joint venture with Rabobank, a European food- and agriculture-focused bank.

AGCO (XTER:AGJ) Headlines

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