Mitsubishi Estate Co (Mitsubishi Estate Co) Accounts Payable & Accrued Expense : $491 Mil (As of Dec. 2023)

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What is Mitsubishi Estate Co Accounts Payable & Accrued Expense?

Mitsubishi Estate Co's quarterly accounts payable & accrued expense increased from Jun. 2023 ($449 Mil) to Sep. 2023 ($488 Mil) and increased from Sep. 2023 ($488 Mil) to Dec. 2023 ($491 Mil).

Mitsubishi Estate Co's annual accounts payable & accrued expense declined from Mar. 2021 ($782 Mil) to Mar. 2022 ($759 Mil) and declined from Mar. 2022 ($759 Mil) to Mar. 2023 ($673 Mil).

Mitsubishi Estate Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mitsubishi Estate 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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Mitsubishi Estate Co Accounts Payable & Accrued Expense Chart

Mitsubishi Estate Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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698.07

892.95

781.64

758.67

673.19

Mitsubishi Estate 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															401.46	673.19	448.90	488.23	490.61

Mitsubishi Estate 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.

Mitsubishi Estate Co (Mitsubishi Estate Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mitsubishi Estate Co Ltd (OTCPK:MITEY) » Definitions » Accounts Payable & Accrued Expense

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MITEF:USA 8802:Japan

Address

Otemachi 1-chome, Otemachi Park Building, 1-1, Chiyoda-ku, Tokyo, JPN, 100-8133

Website

http://www.mec.co.jp

Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate's predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area's long-term development, rarely if ever selling any properties there.

Mitsubishi Estate Co (Mitsubishi Estate Co) Headlines

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