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BorgWarner (LTS:0HOU) Current Accrued Expense : $309 Mil (As of Jun. 2024)


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What is BorgWarner Current Accrued Expense?

BorgWarner's Current Accrued Expense for the quarter that ended in Jun. 2024 was $309 Mil.

BorgWarner's quarterly Current Accrued Expense declined from Dec. 2023 ($381 Mil) to Mar. 2024 ($266 Mil) but then increased from Mar. 2024 ($266 Mil) to Jun. 2024 ($309 Mil).

BorgWarner's annual Current Accrued Expense declined from Dec. 2021 ($399 Mil) to Dec. 2022 ($366 Mil) but then increased from Dec. 2022 ($366 Mil) to Dec. 2023 ($381 Mil).


BorgWarner Current Accrued Expense Historical Data

The historical data trend for BorgWarner'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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BorgWarner Current Accrued Expense Chart

BorgWarner Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 267.00 360.00 399.00 366.00 381.00

BorgWarner Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 388.00 328.00 381.00 266.00 309.00

BorgWarner 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.


BorgWarner Current Accrued Expense Related Terms

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BorgWarner Business Description

Traded in Other Exchanges
Address
3850 Hamlin Road, Auburn Hills, MI, USA, 48326
BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 14% and 11% of 2023 revenue, respectively. Geographically, Europe accounted for 36% of 2023 revenue, while Asia and North America were 34% and 29% apiece.

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