Makoto Construction Co (TSE:8995) Accounts Payable & Accrued Expense : 円362 Mil (As of Dec. 2023)

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What is Makoto Construction Co Accounts Payable & Accrued Expense?

Makoto Construction Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円197 Mil) to Sep. 2023 (円204 Mil) and increased from Sep. 2023 (円204 Mil) to Dec. 2023 (円362 Mil).

Makoto Construction Co's annual accounts payable & accrued expense increased from Mar. 2021 (円242 Mil) to Mar. 2022 (円316 Mil) but then declined from Mar. 2022 (円316 Mil) to Mar. 2023 (円275 Mil).

Makoto Construction Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Makoto Construction 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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Makoto Construction Co Accounts Payable & Accrued Expense Chart

Makoto Construction Co Annual Data

Trend

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Mar23

Accounts Payable & Accrued Expense

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279.80

211.99

242.26

315.91

274.98

Makoto Construction 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															382.88	274.98	196.51	204.34	361.70

Makoto Construction 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.

Makoto Construction Co (TSE:8995) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Makoto Construction Co Ltd (TSE:8995) » Definitions » Accounts Payable & Accrued Expense

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Address

46 Fukuda, Sakai, JPN

Website

http://www.makoto-gr.com

Makoto Construction Co Ltd is engaged in the in-house design & construction business in Japan. It builds homes and condominiums for residential purposes, as well as provides real estate agency services.

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