Niterra Co (STU:NGK) Accounts Payable & Accrued Expense : €471 Mil (As of Mar. 2024)

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What is Niterra Co Accounts Payable & Accrued Expense?

Niterra Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (€483 Mil) to Dec. 2023 (€418 Mil) but then increased from Dec. 2023 (€418 Mil) to Mar. 2024 (€471 Mil).

Niterra Co's annual accounts payable & accrued expense declined from Mar. 2022 (€557 Mil) to Mar. 2023 (€501 Mil) and declined from Mar. 2023 (€501 Mil) to Mar. 2024 (€471 Mil).

Niterra Co Accounts Payable & Accrued Expense Historical Data

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

Niterra Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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385.99

475.88

557.36

501.03

471.38

Niterra 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															501.03	421.06	483.01	418.46	471.38

Niterra 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.

Niterra Co (STU:NGK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Niterra Co Ltd (STU:NGK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

5334:Japan NGK:Germany

Address

14-18, Takatsuji-cho, Mizuho-ku, Nagoya, JPN, 467-8525

Website

http://www.ngkntk.co.jp

Niterra Co Ltd is a producer of spark plugs for internal combustion engines in the automotive industry and various ceramic products and tools. Under its two brands NGK Spark Plugs and NTK Technical Ceramics, the company produces spark plugs, glow plugs, sensors, semiconductor packages, cutting tools, medical products, and fine ceramics. NGK's largest end markets are Asia including Japan, North America, and Europe. The company produces in Japan and Brazil, while subsidiaries across the globe assemble and sell parts in their respective regions. The automotive components division generates the lion's share of sales for NGK Spark Plug.

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