Parker Hannifin (LTS:0KFZ) Accounts Payable & Accrued Expense : $3,822 Mil (As of Sep. 2024)

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What is Parker Hannifin Accounts Payable & Accrued Expense?

Parker Hannifin's quarterly accounts payable & accrued expense declined from Mar. 2024 ($3,914 Mil) to Jun. 2024 ($3,910 Mil) and declined from Jun. 2024 ($3,910 Mil) to Sep. 2024 ($3,822 Mil).

Parker Hannifin's annual accounts payable & accrued expense declined from Jun. 2022 ($4,135 Mil) to Jun. 2023 ($3,972 Mil) and declined from Jun. 2023 ($3,972 Mil) to Jun. 2024 ($3,910 Mil).

Parker Hannifin Accounts Payable & Accrued Expense Historical Data

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

Parker Hannifin Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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2,338.84

3,093.68

4,135.01

3,972.20

3,910.24

Parker Hannifin Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,072.63	3,815.91	3,913.61	3,910.24	3,822.42

Parker Hannifin 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.

Parker Hannifin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Parker Hannifin Corp (LTS:0KFZ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PH:USA 1PH:Italy PAR:Germany PAR:Germany PAR:Germany P1HC34:Brazil PH:Austria

Address

6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141

Website

https://www.parker.com

Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.

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