HUBB (Hubbell) Accounts Payable & Accrued Expense : $953 Mil (As of Jun. 2024)

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What is Hubbell Accounts Payable & Accrued Expense?

Hubbell's quarterly accounts payable & accrued expense declined from Dec. 2023 ($1,021 Mil) to Mar. 2024 ($943 Mil) but then increased from Mar. 2024 ($943 Mil) to Jun. 2024 ($953 Mil).

Hubbell's annual accounts payable & accrued expense increased from Dec. 2021 ($904 Mil) to Dec. 2022 ($993 Mil) and increased from Dec. 2022 ($993 Mil) to Dec. 2023 ($1,021 Mil).

Hubbell Accounts Payable & Accrued Expense Historical Data

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

Hubbell Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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699.90

639.10

903.70

992.70

1,021.20

Hubbell Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															962.90	962.90	1,021.20	943.40	952.90

Hubbell 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.

Hubbell Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hubbell Inc (NYSE:HUBB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HUEC:Germany

Address

40 Waterview Drive, Shelton, CT, USA, 06484

Website

https://www.hubbell.com

Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: Utility Solutions Segment and the Electrical Solutions Segment. It derives maximum revenue from Utility Solutions Segment.

Executives

Gerben Bakker	officer: Group Vice President	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Carlos M Cardoso	director	STANLEY BLACK & DECKER, INC., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Mark Eugene Mikes	officer: President Electrical Solutions	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Alyssa R Flynn	officer: Chief Human Resources Officer	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Debra L. Dial	director	208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Neal J Keating	director	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Katherine Anne Lane	officer: VP, Acting GC and Secretary	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Del Nero Jonathan M.	officer: Vice President, Controller	C/0 HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
William R Sperry	officer: Executive VP and CFO	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
John F Malloy	director	2556 SPRING VALLEY ROAD, BETHLEHEM PA 18105
Gregory Gumbs	officer: President, Utility Solutions	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Anthony Guzzi	director	301 MERRITT SEVEN, 6TH FLOOR, NORWALK CT 06851
Allan Connolly	officer: Group President, Power Systems	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Stephen M Mais	officer: Vice President Human Resources	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Rhett Anthony Hernandez	director	40 WATERVIEW DRIVE, SHELTON CT 06484