Shinko Electric Industries Co (TSE:6967) Accounts Payable & Accrued Expense : 円48,836 Mil (As of Mar. 2024)

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What is Shinko Electric Industries Co Accounts Payable & Accrued Expense?

Shinko Electric Industries Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (円46,870 Mil) to Dec. 2023 (円39,124 Mil) but then increased from Dec. 2023 (円39,124 Mil) to Mar. 2024 (円48,836 Mil).

Shinko Electric Industries Co's annual accounts payable & accrued expense declined from Mar. 2022 (円65,192 Mil) to Mar. 2023 (円50,121 Mil) and declined from Mar. 2023 (円50,121 Mil) to Mar. 2024 (円48,836 Mil).

Shinko Electric Industries Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shinko Electric Industries 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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Shinko Electric Industries Co Accounts Payable & Accrued Expense Chart

Shinko Electric Industries Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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31,993.00

47,774.00

65,192.00

50,121.00

48,836.00

Shinko Electric Industries 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															50,121.00	48,616.00	46,870.00	39,124.00	48,836.00

Shinko Electric Industries 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.

Shinko Electric Industries Co (TSE:6967) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shinko Electric Industries Co Ltd (TSE:6967) » Definitions » Accounts Payable & Accrued Expense

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SKS:Germany

Address

80, Oshimada-machi, Nagano-shi, Nagano, JPN, 381-2287

Website

http://www.shinko.co.jp

Shinko Electric Industries Co Ltd is an integrated manufacturer of semiconductor packages. It houses eight core technologies that include hermetic seal technology, ceramic technology, multilayer build-up technology, integrated circuit assembly technology, and many others. Integrated circuit packages are the leading revenue generator, but hermetic seal tech is the traditional offering from Shinko. It connects glass and ceramics to various metals and is used in areas such as semiconductor lasers, and sensors for in-car use. The company also produces simulation technology that encompasses signal and power integrity of high-speed transmission lines and other solutions needed for high-performance semiconductor packages. Offices are located globally to serve a host of different industries.

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