Tsubakimoto Chain Co (TSE:6371) Accounts Payable & Accrued Expense : 円21,331 Mil (As of Dec. 2023)

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What is Tsubakimoto Chain Co Accounts Payable & Accrued Expense?

Tsubakimoto Chain Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円20,160 Mil) to Sep. 2023 (円22,522 Mil) but then declined from Sep. 2023 (円22,522 Mil) to Dec. 2023 (円21,331 Mil).

Tsubakimoto Chain Co's annual accounts payable & accrued expense declined from Mar. 2022 (円22,137 Mil) to Mar. 2023 (円21,657 Mil) but then increased from Mar. 2023 (円21,657 Mil) to Mar. 2024 (円22,043 Mil).

Tsubakimoto Chain Co Accounts Payable & Accrued Expense Historical Data

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

Tsubakimoto Chain Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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19,557.00

18,823.00

22,137.00

21,657.00

22,043.00

Tsubakimoto Chain 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															21,657.00	20,160.00	22,522.00	21,331.00	22,043.00

Tsubakimoto Chain 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.

Tsubakimoto Chain Co (TSE:6371) Business Description

Industry

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Traded in Other Exchanges

TSB:Germany

Address

Nakanoshima Mitsui Building, 6F, 3-3-3, Nakanoshima, Kita-ku, Osaka, JPN, 530-0005

Website

http://www.tsubakimoto.jp

Tsubakimoto Chain Co. is a Japan-based company that is engaged in manufacturing and sales of various variable speed drives, handling equipment and other related products and services. The company operates through four divisions. The Chain operation supplies chain products, including drive chains and conveyor chains. The Automotive Parts operation provides automotive timing drive systems, timing belts, long belts and others. The Power Transmission Unites and Component operation provides reducers, variable speed drives, motion control units and others. The Materials Handling Systems operation supplies sorting systems, conveyance systems, storage and picking systems and others. The company generates most of its revenue from Japan, America and Europe.

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