Minebea Mitsumi (STU:MEA) Accounts Payable & Accrued Expense : €1,256 Mil (As of Mar. 2024)

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What is Minebea Mitsumi Accounts Payable & Accrued Expense?

Minebea Mitsumi's quarterly accounts payable & accrued expense increased from Sep. 2023 (€1,378 Mil) to Dec. 2023 (€1,407 Mil) but then declined from Dec. 2023 (€1,407 Mil) to Mar. 2024 (€1,256 Mil).

Minebea Mitsumi's annual accounts payable & accrued expense declined from Mar. 2022 (€1,394 Mil) to Mar. 2023 (€1,254 Mil) but then increased from Mar. 2023 (€1,254 Mil) to Mar. 2024 (€1,256 Mil).

Minebea Mitsumi Accounts Payable & Accrued Expense Historical Data

The historical data trend for Minebea Mitsumi'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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Minebea Mitsumi Accounts Payable & Accrued Expense Chart

Minebea Mitsumi Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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1,234.51

1,154.23

1,393.53

1,254.24

1,255.93

Minebea Mitsumi 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															1,254.24	1,344.77	1,377.80	1,407.10	1,255.93

Minebea Mitsumi 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.

Minebea Mitsumi (STU:MEA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Minebea Mitsumi Inc (STU:MEA) » Definitions » Accounts Payable & Accrued Expense

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MNBEF:USA 6479:Japan

Address

3-9-6, Mita, Minato-ku, Tokyo, JPN, 108-8330

Website

https://www.minebeamitsumi.com

Minebea Mitsumi Inc is an electronic components company. Its operating segments are Machined components, Electronic devices and components and MITSUMI business. The machined components segment manufactures mechanical parts including ball bearings, rod-end bearings, pivot assemblies for hard disk drive (HDD), and screws for automobiles and aircrafts. The electronic devices and components segment manufactures electronic devices (such as LED backlights and sensing devices), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors and specialized devices. And The MITSUMI business segment manufactures semiconductor devices, optical devices, mechanical parts, high-frequency components, and power supply parts.

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