Nifco (TSE:7988) Accounts Payable & Accrued Expense : 円38,687 Mil (As of Dec. 2023)

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What is Nifco Accounts Payable & Accrued Expense?

Nifco's quarterly accounts payable & accrued expense increased from Jun. 2023 (円36,727 Mil) to Sep. 2023 (円39,110 Mil) but then declined from Sep. 2023 (円39,110 Mil) to Dec. 2023 (円38,687 Mil).

Nifco's annual accounts payable & accrued expense increased from Mar. 2022 (円32,053 Mil) to Mar. 2023 (円35,595 Mil) and increased from Mar. 2023 (円35,595 Mil) to Mar. 2024 (円38,667 Mil).

Nifco Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nifco'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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Nifco Accounts Payable & Accrued Expense Chart

Nifco Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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25,961.00

31,309.00

32,053.00

35,595.00

38,667.00

Nifco 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															35,595.00	36,727.00	39,110.00	38,687.00	38,667.00

Nifco 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.

Nifco (TSE:7988) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nifco Inc (TSE:7988) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NIFCY:USA 9WM:Germany

Address

Mita Bellju Building 20th Floor, 5-36-7 Shiba, Minato-ku, Tokyo, JPN, 108-8522

Website

http://www.nifco.co.jp

Nifco Inc manufactures and sells a variety of plastic components. The automotive components division of the company includes parts for fuel tanks, engines, interiors, exteriors, and electrical components. It also offers Home solutions and Fashion related products such as Damper, Cord Lock, Magnet Latch and Push Latch among others.

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