Mitsubishi HC Capital (FRA:5B4) Accounts Payable & Accrued Expense : €2,511 Mil (As of Dec. 2023)

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What is Mitsubishi HC Capital Accounts Payable & Accrued Expense?

Mitsubishi HC Capital's quarterly accounts payable & accrued expense declined from Jun. 2023 (€2,554 Mil) to Sep. 2023 (€2,449 Mil) but then increased from Sep. 2023 (€2,449 Mil) to Dec. 2023 (€2,511 Mil).

Mitsubishi HC Capital's annual accounts payable & accrued expense declined from Mar. 2022 (€3,498 Mil) to Mar. 2023 (€2,912 Mil) and declined from Mar. 2023 (€2,912 Mil) to Mar. 2024 (€2,512 Mil).

Mitsubishi HC Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mitsubishi HC Capital'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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Mitsubishi HC Capital Accounts Payable & Accrued Expense Chart

Mitsubishi HC Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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1,184.77

1,243.10

3,497.62

2,911.75

2,511.75

Mitsubishi HC Capital 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															2,911.75	2,554.29	2,448.69	2,511.49	2,511.75

Mitsubishi HC Capital 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.

Mitsubishi HC Capital (FRA:5B4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mitsubishi HC Capital Inc (FRA:5B4) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

8593:Japan

Address

5-1, Marunouchi 1-chome, Shin-Marunouchi Building, Chiyoda-ku, Tokyo, JPN, 100-6525

Website

https://www.mitsubishi-hc-capital.com

Mitsubishi HC Capital Inc is a provider of leases and rental solutions. It offers finance leases, operating leases, real estate leases, auto leases, carbon-neutral and green leases, personal computer rentals, measuring equipment rentals, machine tool rentals, as well as real estate-related finance, sales receivable factoring, medical fee factoring, installment sales, used machinery purchasing and sales, and insurance, among others.

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