Asahi Intecc Co (Asahi Intecc Co) Accounts Payable & Accrued Expense : $36.4 Mil (As of Dec. 2023)

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What is Asahi Intecc Co Accounts Payable & Accrued Expense?

Asahi Intecc Co's quarterly accounts payable & accrued expense declined from Jun. 2023 ($51.0 Mil) to Sep. 2023 ($32.9 Mil) but then increased from Sep. 2023 ($32.9 Mil) to Dec. 2023 ($36.4 Mil).

Asahi Intecc Co's annual accounts payable & accrued expense increased from Jun. 2021 ($48.4 Mil) to Jun. 2022 ($58.5 Mil) but then declined from Jun. 2022 ($58.5 Mil) to Jun. 2023 ($51.0 Mil).

Asahi Intecc Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Asahi Intecc Co'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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Asahi Intecc Co Accounts Payable & Accrued Expense Chart

Asahi Intecc Co Annual Data

Trend

Jun14

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Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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52.21

48.59

48.41

58.47

50.99

Asahi Intecc Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															40.24	36.58	50.99	32.88	36.38

Asahi Intecc Co 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.

Asahi Intecc Co (Asahi Intecc Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Asahi Intecc Co Ltd (OTCPK:AHICF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

7747:Japan

Address

1703 Wakita-cho, Nagoya, JPN

Website

http://www.asahi-intecc.co.jp

Asahi Intecc Co Ltd develops, manufactures, and sells medical devices. The firm operates in two segments: medical and device. The medical segment generates the vast majority of revenue and sells a range of guide wires and catheters for treatment and examination. The device segment sells components to medical and industrial companies, such as hollow cable tubes, catheter delivery systems, and stainless steel rope. Asahi's products are used in a variety of industries, including the medical, construction, automobile, office automation equipment, and electric appliance industries. Asahi generates the largest proportion of its revenue in Japan.

Asahi Intecc Co (Asahi Intecc Co) Headlines

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