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Odakyu Electric Railway Co (TSE:9007) Accounts Payable & Accrued Expense : 円41,831 Mil (As of Dec. 2023)


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What is Odakyu Electric Railway Co Accounts Payable & Accrued Expense?

Odakyu Electric Railway Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円34,467 Mil) to Sep. 2023 (円41,022 Mil) and increased from Sep. 2023 (円41,022 Mil) to Dec. 2023 (円41,831 Mil).

Odakyu Electric Railway Co's annual accounts payable & accrued expense increased from Mar. 2021 (円25,975 Mil) to Mar. 2022 (円30,679 Mil) but then declined from Mar. 2022 (円30,679 Mil) to Mar. 2023 (円23,841 Mil).


Odakyu Electric Railway Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Odakyu Electric Railway 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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Odakyu Electric Railway Co Accounts Payable & Accrued Expense Chart

Odakyu Electric Railway Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32,902.00 29,438.00 25,975.00 30,679.00 23,841.00

Odakyu Electric Railway 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18,093.00 23,841.00 34,467.00 41,022.00 41,831.00

Odakyu Electric Railway 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.


Odakyu Electric Railway Co (TSE:9007) Business Description

Traded in Other Exchanges
Address
1-8-3 Nishishinjuku Shinjuku-ku, Tokyo, JPN, 160-8309
Odakyu Electric Railway Co Ltd is a Japanese company which provides transportation services. The company has three reportable segments namely Transportation, Merchandising and Real Estate. The Transportation segment provides services through railway, bus, taxi, sightseeing boat, and ropeway. Merchandising segment operates departmental stores and supermarket. Real Estate segment is engaged in the sale of land and buildings, leasing of buildings and others. The company also offers services including hotel, restaurant, travel agent, golf course, railway maintenance service, building management and maintenance, advertising agency, horticulture and gardening, bookkeeping service, insurance agency, nursing and child care. The majority of the company's revenue comes from transportation business.

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