Shinto Co (TSE:5380) Accounts Payable & Accrued Expense : 円261 Mil (As of Mar. 2024)

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What is Shinto Co Accounts Payable & Accrued Expense?

Shinto Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (円323 Mil) to Dec. 2023 (円234 Mil) but then increased from Dec. 2023 (円234 Mil) to Mar. 2024 (円261 Mil).

Shinto Co's annual accounts payable & accrued expense declined from Jun. 2021 (円636 Mil) to Jun. 2022 (円578 Mil) and declined from Jun. 2022 (円578 Mil) to Jun. 2023 (円537 Mil).

Shinto Co Accounts Payable & Accrued Expense Historical Data

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

Shinto Co Annual Data

Trend

Jun14

Jun15

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Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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644.91

588.26

636.35

578.29

537.13

Shinto 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															371.84	537.13	323.40	233.65	261.36

Shinto 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.

Shinto Co (TSE:5380) Business Description

Industry

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Traded in Other Exchanges

5380:Japan

Address

4-7-2 Ronchi-cho, Aichi, Takahama, JPN, 444-1314

Website

http://www.shintokawara.co.jp

Shinto Co Ltd manufactures and sells ceramic roof tiles. The company imports and exports roof materials and provides engineering work as well. The firm focuses on developing new materials for Japanese and western-style roof tiles and operates in Japan.

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