Meiji Machine Co (TSE:6334) Accounts Payable & Accrued Expense : 円379 Mil (As of Dec. 2023)

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What is Meiji Machine Co Accounts Payable & Accrued Expense?

Meiji Machine Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円171 Mil) to Sep. 2023 (円269 Mil) and increased from Sep. 2023 (円269 Mil) to Dec. 2023 (円379 Mil).

Meiji Machine Co's annual accounts payable & accrued expense declined from Mar. 2021 (円1,944 Mil) to Mar. 2022 (円420 Mil) and declined from Mar. 2022 (円420 Mil) to Mar. 2023 (円419 Mil).

Meiji Machine Co Accounts Payable & Accrued Expense Historical Data

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

Meiji Machine Co Annual Data

Trend

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Mar23

Accounts Payable & Accrued Expense

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816.76

1,066.83

1,944.05

419.64

418.60

Meiji Machine Co 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															730.73	418.60	170.78	269.47	379.09

Meiji Machine 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.

Meiji Machine Co (TSE:6334) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Meiji Machine Co Ltd (TSE:6334) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

2-2-22 Kanda Ta-cho, Chiyoda-ku, Tokyo, JPN, 101-0046

Website

http://www.meiji-kikai.co.jp

Meiji Machine Co Ltd is engaged in the manufacture and sale of the flour milling machines, including flour rolling machines, shifters, separators and purifiers, as well as rollers; the mixed feed machines, including feed rolling machines, pellet and flake machines, silos and conveying equipment, as well as other industrial machinery, including various grinding rolling machines, hammer mills and other.

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