Ray (TSE:4317) Accounts Payable & Accrued Expense : 円1,409 Mil (As of Nov. 2023)

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What is Ray Accounts Payable & Accrued Expense?

Ray's quarterly accounts payable & accrued expense declined from May. 2023 (円1,327 Mil) to Aug. 2023 (円1,078 Mil) but then increased from Aug. 2023 (円1,078 Mil) to Nov. 2023 (円1,409 Mil).

Ray's annual accounts payable & accrued expense increased from Feb. 2021 (円929 Mil) to Feb. 2022 (円1,814 Mil) but then declined from Feb. 2022 (円1,814 Mil) to Feb. 2023 (円1,789 Mil).

Ray Accounts Payable & Accrued Expense Historical Data

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

Ray Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Accounts Payable & Accrued Expense

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1,586.31

1,789.59

928.64

1,814.49

1,788.97

Ray Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,293.64	1,788.97	1,326.81	1,078.40	1,409.08

Ray 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.

Ray (TSE:4317) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ray Corp (TSE:4317) » Definitions » Accounts Payable & Accrued Expense

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Address

6-15-21 Roppongi, Hakus Roppongi Building, Minato-ku, Tokyo, JPN, 106-0032

Website

http://www.ray.co.jp

Ray Corp is engaged in communication design, events, creative design, and show and visual technical businesses in Japan. It is involved in the planning and production of various promotions, events, exhibitions, expositions, showrooms, printed materials, designs, premium products, and digital promotion of the Web. The company is also engaged in the rental and operation of large video equipment in the MICE and concerts.; live broadcasting, shooting, and network distribution activities; and video equipment sale and operational support to showrooms, hotel and conference facilities among other services.

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