Nitta (TSE:5186) Accounts Payable & Accrued Expense : 円8,264 Mil (As of Dec. 2023)

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What is Nitta Accounts Payable & Accrued Expense?

Nitta's quarterly accounts payable & accrued expense declined from Jun. 2023 (円8,773 Mil) to Sep. 2023 (円8,537 Mil) and declined from Sep. 2023 (円8,537 Mil) to Dec. 2023 (円8,264 Mil).

Nitta's annual accounts payable & accrued expense increased from Mar. 2021 (円12,442 Mil) to Mar. 2022 (円12,826 Mil) but then declined from Mar. 2022 (円12,826 Mil) to Mar. 2023 (円7,747 Mil).

Nitta Accounts Payable & Accrued Expense Historical Data

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

Nitta Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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13,141.00

11,875.00

12,442.00

12,826.00

7,747.00

Nitta Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8,491.00	7,747.00	8,773.00	8,537.00	8,264.00

Nitta 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.

Nitta (TSE:5186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nitta Corp (TSE:5186) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022

Website

http://www.nitta.co.jp

Nitta Corp is a Japan-based company that manufactures and distributes a wide range of industrial products. The company's product line comprises conveyor belts and units, tubes and fittings, industrial wiper and molded rubber products, mechatronic products, magnetic sheets, and so on. The company's conveyor belt products are distributed under trademarks including PolySprint, Polybelt, New Light Grip, and SEB. The company's conveyor unit products include curve conveyor units, spiral conveyor units, and nonsnaking conveyor units. Nitta Corp's tube and fitting products are applied in pneumatic equipment, semiconductor equipment, industrial robots, and others. The company's wiper products include slide seals, lip seals, telesco seals, and others.

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