Sumitomo Electric Industries (Sumitomo Electric Industries) Accounts Payable & Accrued Expense : $3,536 Mil (As of Dec. 2023)

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What is Sumitomo Electric Industries Accounts Payable & Accrued Expense?

Sumitomo Electric Industries's quarterly accounts payable & accrued expense increased from Jun. 2023 ($3,403 Mil) to Sep. 2023 ($3,447 Mil) and increased from Sep. 2023 ($3,447 Mil) to Dec. 2023 ($3,536 Mil).

Sumitomo Electric Industries's annual accounts payable & accrued expense increased from Mar. 2021 ($3,886 Mil) to Mar. 2022 ($3,948 Mil) but then declined from Mar. 2022 ($3,948 Mil) to Mar. 2023 ($3,591 Mil).

Sumitomo Electric Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sumitomo Electric Industries'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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Sumitomo Electric Industries Accounts Payable & Accrued Expense Chart

Sumitomo Electric Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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3,623.12

3,507.54

3,886.33

3,947.62

3,590.80

Sumitomo Electric Industries 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															3,528.77	3,590.80	3,402.87	3,447.10	3,536.00

Sumitomo Electric Industries 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.

Sumitomo Electric Industries (Sumitomo Electric Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sumitomo Electric Industries Ltd (OTCPK:SMTOY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

5802:Japan SMO:Germany

Address

4-5-33, Kitahama, Chuo-ku, Osaka, JPN, 541-0041

Website

http://www.sei.co.jp

Sumitomo Electric Industries Ltd manufactures and sells electric wires and cables, and other products. The company is engaged in diversified business activities supporting people's daily lives and industry through five business segments: Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others. The Automobile-related segment offers wire harnesses, rubber cushions, hoses for automobiles, automobile electrical parts and others. Sumitomo's Information Communications-related segment offers fiber-optic cables, electrical cables and equipment for communications use, optical communications-related parts and others. It derives most of the revenue from Japan.

Sumitomo Electric Industries (Sumitomo Electric Industries) Headlines

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