Booz Allen Hamilton Holding Corp
For the period ended Dec 31, 2023. Filed Jan 26, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Jan 26, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
6. Accounts Payable and Other Accrued Expenses
- Accounts Payable and Other Accrued Expenses
Accounts payable and other accrued expenses consisted of the following:
| December 31,2023 | March 31,2023 | |
|---|---|---|
| Vendor payables | $564,948 | $597,808 |
| Accrued expenses | 428,564 | 718,832 |
| Total accounts payable and other accrued expenses | $993,512 | $1,316,640 |
Accrued expenses consisted primarily of the Company’s provision for claimed indirect costs (approximately $339.9 million and $326.7 million as of December 31, 2023 and March 31, 2023, respectively). Accrued expenses at March 31, 2023 also included a $350.0 million reserve associated with the settlement of the U.S. Department of Justice's investigation of the Company which was subsequently settled and paid in the second quarter of fiscal 2024. See Note 15, “Commitments and Contingencies,” to the condensed consolidated financial statements for further discussion of these items.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.