Daido Steel Co (NGO:5471) Accounts Payable & Accrued Expense : 円46,338 Mil (As of Dec. 2023)

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What is Daido Steel Co Accounts Payable & Accrued Expense?

Daido Steel Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円48,875 Mil) to Sep. 2023 (円51,469 Mil) but then declined from Sep. 2023 (円51,469 Mil) to Dec. 2023 (円46,338 Mil).

Daido Steel Co's annual accounts payable & accrued expense declined from Mar. 2022 (円64,004 Mil) to Mar. 2023 (円55,046 Mil) but then increased from Mar. 2023 (円55,046 Mil) to Mar. 2024 (円59,706 Mil).

Daido Steel Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Daido Steel 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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Daido Steel Co Accounts Payable & Accrued Expense Chart

Daido Steel Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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43,689.00

45,249.00

64,004.00

55,046.00

59,706.00

Daido Steel 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															55,046.00	48,875.00	51,469.00	46,338.00	59,706.00

Daido Steel 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.

Daido Steel Co (NGO:5471) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Daido Steel Co Ltd (NGO:5471) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

5471:Japan DDL:Germany

Address

1-10, Higashisakura 1-chome, Higashi-ku, Nagoya, Aichi, JPN, 461-8581

Website

http://www.daido.co.jp

Daido Steel Co Ltd is a Japan-based company that primarily operates through three segments. The special steel segment produces and distributes specialty steel for automotive parts, industrial machinery parts, electrical machinery parts, construction, and tool steel. The high-performance materials and magnetic materials segment produces and sells stainless steel, nickel-based alloys, electrical and electronic parts, magnetic material products, alloy powder, titanium products, and welding wire. The parts for automobile and industrial equipment segment is engaged in forging and casting for parts for automobiles, industrial machines, chemical equipment, and oil drilling rigs. The company generates majority of its revenue from the Japanese domestic market.

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