Mitsubishi UFJ Financial Group (Mitsubishi UFJ Financial Group) Accounts Payable & Accrued Expense : $70,646 Mil (As of Dec. 2023)

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What is Mitsubishi UFJ Financial Group Accounts Payable & Accrued Expense?

Mitsubishi UFJ Financial Group's quarterly accounts payable & accrued expense declined from Jun. 2023 ($75,783 Mil) to Sep. 2023 ($73,574 Mil) and declined from Sep. 2023 ($73,574 Mil) to Dec. 2023 ($70,646 Mil).

Mitsubishi UFJ Financial Group's annual accounts payable & accrued expense increased from Mar. 2021 ($103,116 Mil) to Mar. 2022 ($108,040 Mil) but then declined from Mar. 2022 ($108,040 Mil) to Mar. 2023 ($87,454 Mil).

Mitsubishi UFJ Financial Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mitsubishi UFJ Financial Group'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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Mitsubishi UFJ Financial Group Accounts Payable & Accrued Expense Chart

Mitsubishi UFJ Financial Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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92,512.41

91,008.95

103,115.57

108,040.18

87,453.52

Mitsubishi UFJ Financial Group 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															74,791.35	87,453.52	75,782.94	73,573.57	70,646.49

Mitsubishi UFJ Financial Group 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.

Mitsubishi UFJ Financial Group (Mitsubishi UFJ Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MBFJF:USA 8306:Japan MFZA:Germany M1UF34:Brazil MTU:Argentina

Address

7-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, JPN, 100-8330

Website

https://www.mufg.jp

Mitsubishi UFJ Financial Group is the largest bank in Japan in terms of market capitalization and assets, with an 8.1% share of all domestic loans as of March 2023. It is the largest non-Chinese bank group globally and has a balance sheet slightly larger than those of JPMorgan Chase and HSBC Holdings. MUFG's operations in Japan account for around half of profit, banking in Thailand and Indonesia for around 15%, and equity-method earnings from Morgan Stanley most of the rest.