Piolax (TSE:5988) Accounts Payable & Accrued Expense : 円3,969 Mil (As of Dec. 2023)

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What is Piolax Accounts Payable & Accrued Expense?

Piolax's quarterly accounts payable & accrued expense increased from Jun. 2023 (円3,368 Mil) to Sep. 2023 (円3,416 Mil) and increased from Sep. 2023 (円3,416 Mil) to Dec. 2023 (円3,969 Mil).

Piolax's annual accounts payable & accrued expense declined from Mar. 2022 (円3,039 Mil) to Mar. 2023 (円3,038 Mil) but then increased from Mar. 2023 (円3,038 Mil) to Mar. 2024 (円3,840 Mil).

Piolax Accounts Payable & Accrued Expense Historical Data

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

Piolax Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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3,326.00

3,701.00

3,039.00

3,038.00

3,840.00

Piolax 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															3,038.00	3,368.00	3,416.00	3,969.00	3,840.00

Piolax 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.

Piolax (TSE:5988) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Piolax Inc (TSE:5988) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

51 Iwai-chou Hotogaya-ku, Yokohama-shi, Kanagawa, JPN, 2400023

Website

http://www.piolax.co.jp

Piolax Inc is an automobile-related product producer. The company through its subsidiaries engages in two businesses automobile-related product and medical-related products in the US, UK, China, Thailand, and Indonesia. Its product portfolio includes coil springs, flat springs, wire forms, metal and plastic fasteners and unit assembly parts. It also produces equipment's to serve the medical industry which includes spiral catheter, and stent.

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