Meiko Trans Co (Meiko Trans Co) Accounts Payable & Accrued Expense : $38.4 Mil (As of Dec. 2023)

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What is Meiko Trans Co Accounts Payable & Accrued Expense?

Meiko Trans Co's quarterly accounts payable & accrued expense increased from Jun. 2023 ($33.7 Mil) to Sep. 2023 ($40.9 Mil) but then declined from Sep. 2023 ($40.9 Mil) to Dec. 2023 ($38.4 Mil).

Meiko Trans Co's annual accounts payable & accrued expense declined from Mar. 2022 ($53.0 Mil) to Mar. 2023 ($38.8 Mil) but then increased from Mar. 2023 ($38.8 Mil) to Mar. 2024 ($39.1 Mil).

Meiko Trans Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Meiko Trans 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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Meiko Trans Co Accounts Payable & Accrued Expense Chart

Meiko Trans Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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43.35

57.13

53.04

38.80

39.12

Meiko Trans Co 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															38.80	33.75	40.86	38.37	39.12

Meiko Trans 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.

Meiko Trans Co (Meiko Trans Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Meiko Trans Co Ltd (GREY:MKOTF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

9357:Japan

Address

4 - 6 entrance 2 - chome, Minato - ku, Nagoya, JPN, 455 - 8650

Website

http://www.meiko-trans.co.jp

Meiko Trans Co Ltd is engaged in providing multi-modal transport services. The company offers various services such as Export, Import, Domestic distribution, Warehousing operations, Port operations, 3rd party logistics, Packaging services, Customs brokerage, Air transport operation, and others.

Meiko Trans Co (Meiko Trans Co) Headlines

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