Toyo Denki Seizo KK (TSE:6505) Accounts Payable & Accrued Expense : 円2,349 Mil (As of Feb. 2024)

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What is Toyo Denki Seizo KK Accounts Payable & Accrued Expense?

Toyo Denki Seizo KK's quarterly accounts payable & accrued expense increased from Aug. 2023 (円2,176 Mil) to Nov. 2023 (円2,307 Mil) and increased from Nov. 2023 (円2,307 Mil) to Feb. 2024 (円2,349 Mil).

Toyo Denki Seizo KK's annual accounts payable & accrued expense declined from May. 2021 (円2,036 Mil) to May. 2022 (円1,998 Mil) but then increased from May. 2022 (円1,998 Mil) to May. 2023 (円2,282 Mil).

Toyo Denki Seizo KK Accounts Payable & Accrued Expense Historical Data

The historical data trend for Toyo Denki Seizo KK'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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Toyo Denki Seizo KK Accounts Payable & Accrued Expense Chart

Toyo Denki Seizo KK Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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3,569.00

2,868.00

2,036.00

1,998.00

2,282.00

Toyo Denki Seizo KK 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															2,159.00	2,282.00	2,176.00	2,307.00	2,349.00

Toyo Denki Seizo KK 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.

Toyo Denki Seizo KK (TSE:6505) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Toyo Denki Seizo KK (TSE:6505) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Tatemono Yaesu Building 5F 1-4-16, Yaesu, Chuo-ku, Tokyo, JPN, 103-0028

Website

http://www.toyodenki.co.jp

Toyo Denki Seizo KK operates in transportation business, industrial business, ICT solution business, and development center. In the transportation business, it is engaged in electrical equipment for railway vehicles. In the industrial business, the company develops industrial electrical equipment such as motors and inverters for production equipment machines. In the ICT solution business, it develops and manufactures station equipment and remote monitoring systems. At the Development Center, the group is working to expand new businesses and products.

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