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AAR (AIR) Total Current Liabilities : $428 Mil (As of Feb. 2024)


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What is AAR Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. AAR's total current liabilities for the quarter that ended in Feb. 2024 was $428

AAR Total Current Liabilities Historical Data

The historical data trend for AAR's Total Current Liabilities 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.

* Premium members only.

AAR Total Current Liabilities Chart

AAR Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 357.50 383.10 336.80 348.20 351.50

AAR Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Current Liabilities 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 331.60 351.50 393.50 380.10 428.20

AAR Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

AAR's Total Current Liabilities for the fiscal year that ended in May. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=338.1+0
+Other Current Liabilities+Current Deferred Liabilities
=13.4+0
=352

AAR's Total Current Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=417.7+0
+Other Current Liabilities+Current Deferred Liabilities
=10.5+0
=428

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

AAR Total Current Liabilities Related Terms

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AAR (AIR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AAR Corp (NYSE:AIR) » Definitions » Total Current Liabilities
Comparable Companies
KTOS RKLB MRCY VVX EVEX CDRE KAMN ACHR VSEC EH GE RTX XPAR:AIR LMT BA XPAR:SAF GD NOC TDG LSE:BA.
Traded in Other Exchanges
ARZ:Germany ARZ:Germany
Address
1100 N. Wood Dale Road, One AAR Place, Wood Dale, IL, USA, 60191
Website
https://www.aarcorp.com
AAR Corp is engaged in providing products and services to aviation, government, and defense market. It operates in two segments namely Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by it's commercial and government/defense customers. The Expeditionary Services segment consists of businesses that provide products and services supporting the movement of equipment and personnel by the U.S. Department of Defense, foreign governments, and non-governmental organizations. It generates a majority of its revenue from the Aviation Services Segment.
Executives
Peter Pace director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Holmes John Mcclain Iii officer: Group Vice President 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Billy Nolen director 1100 N WOOD DALE RD, WOOD DALE IL 60191
Sean M. Gillen officer: VP-CFO 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Eric Pachapa officer: VP, Controller and CAO 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Jessica A. Garascia officer: Vice President and Secretary 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Tracey Patterson officer: Sr. VP & Chief HR Officer 1100 N WOOD DALE RD, WOOD DALE IL 60191
Christopher A. Jessup officer: Vice President-CCO 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Jennifer L Vogel director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
John W Dietrich director
Anthony Anderson director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Gilbertson H John Jr director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
David P Storch director, officer: President, CEO & Director C/O AAR CORP, 1111 NICHOLAS BLVD, 1111 NICHOLAS BLVD IL 60007
Michael Ross Boyce director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Ellen M. Lord director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191