Horai Co (TSE:9679) Accounts Payable & Accrued Expense : 円198 Mil (As of Mar. 2024)

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What is Horai Co Accounts Payable & Accrued Expense?

Horai Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (円293 Mil) to Dec. 2023 (円146 Mil) but then increased from Dec. 2023 (円146 Mil) to Mar. 2024 (円198 Mil).

Horai Co's annual accounts payable & accrued expense increased from Sep. 2021 (円339 Mil) to Sep. 2022 (円400 Mil) but then declined from Sep. 2022 (円400 Mil) to Sep. 2023 (円293 Mil).

Horai Co Accounts Payable & Accrued Expense Historical Data

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

Horai Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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521.33

127.77

338.95

400.02

293.47

Horai 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															190.01	136.98	293.47	145.78	197.60

Horai 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.

Horai Co (TSE:9679) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Horai Co Ltd (TSE:9679) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Number 14, Number 5, Ginza, Chuo-ku, Tokyo, JPN, 104-0061

Website

http://www.horai-kk.co.jp

Horai Co Ltd is engaged in the life insurance business, leasing and management of buildings and real estate, manufacture and sale of milk and dairy products, breeding, milking, and fed production of dairy cattle, and management of restaurants and tourist facilities.

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