Marumae Co (TSE:6264) Accounts Payable & Accrued Expense : 円208 Mil (As of Feb. 2024)

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What is Marumae Co Accounts Payable & Accrued Expense?

Marumae Co's quarterly accounts payable & accrued expense declined from Aug. 2023 (円241 Mil) to Nov. 2023 (円144 Mil) but then increased from Nov. 2023 (円144 Mil) to Feb. 2024 (円208 Mil).

Marumae Co's annual accounts payable & accrued expense increased from Aug. 2021 (円748 Mil) to Aug. 2022 (円1,213 Mil) but then declined from Aug. 2022 (円1,213 Mil) to Aug. 2023 (円241 Mil).

Marumae Co Accounts Payable & Accrued Expense Historical Data

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

Marumae Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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190.73

453.75

747.76

1,213.35

240.53

Marumae Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															637.63	173.16	240.53	144.26	208.17

Marumae 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.

Marumae Co (TSE:6264) Business Description

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Traded in Other Exchanges

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Address

3816 No. 41 Okubo-cho, Izumi City, Kagoshima, JPN, 899-0401

Website

http://www.marumae.com

Marumae Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the designing, manufacturing, and processing of precision machinery and precision equipment. It offers liquid crystal manufacturing and semiconductor manufacturing equipment, industrial and medical machinery and equipment. It is also engaged in the development and sale of software, real estate leasing, and transportation business.

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