Makita (Makita) Accounts Payable & Accrued Expense : $394 Mil (As of Mar. 2024)

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What is Makita Accounts Payable & Accrued Expense?

Makita's quarterly accounts payable & accrued expense increased from Sep. 2023 ($349 Mil) to Dec. 2023 ($364 Mil) and increased from Dec. 2023 ($364 Mil) to Mar. 2024 ($394 Mil).

Makita's annual accounts payable & accrued expense declined from Mar. 2022 ($692 Mil) to Mar. 2023 ($341 Mil) but then increased from Mar. 2023 ($341 Mil) to Mar. 2024 ($394 Mil).

Makita Accounts Payable & Accrued Expense Historical Data

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

Makita Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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359.59

653.27

691.88

340.59

394.48

Makita Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															340.59	325.98	348.55	364.35	394.48

Makita 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.

Makita (Makita) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Makita Corp (OTCPK:MKTAY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

6586:Japan MK2A:Germany

Address

3-11-8, Sumiyoshi-cho, Aichi Prefecture, Anjo, JPN, 446-8502

Website

http://www.makita.co.jp

Makita manufactures and sells professional-grade power tools, outdoor power equipment, and other tools, such as lithium-ion battery-powered drills, impact drivers, lawn mowers, chainsaws, and hedge trimmers. The company was founded in 1915 as an electric motor sales and repair company in Nagoya, Japan, and later became a power tools manufacturer, since marketing its first portable electrical planer in Japan in 1958. While the company has local production bases in key regions globally, above 60% of its product volume is manufactured in China. Its headquarters is currently in Anjo, Japan.

Makita (Makita) Headlines

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