Aida Engineering (Aida Engineering) Accounts Payable & Accrued Expense : $64.2 Mil (As of Dec. 2023)

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What is Aida Engineering Accounts Payable & Accrued Expense?

Aida Engineering's quarterly accounts payable & accrued expense increased from Jun. 2023 ($56.7 Mil) to Sep. 2023 ($59.1 Mil) and increased from Sep. 2023 ($59.1 Mil) to Dec. 2023 ($64.2 Mil).

Aida Engineering's annual accounts payable & accrued expense increased from Mar. 2021 ($66.1 Mil) to Mar. 2022 ($66.8 Mil) but then declined from Mar. 2022 ($66.8 Mil) to Mar. 2023 ($64.5 Mil).

Aida Engineering Accounts Payable & Accrued Expense Historical Data

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

Aida Engineering Annual Data

Trend

Mar14

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Mar20

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Mar23

Accounts Payable & Accrued Expense

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76.89

66.14

66.13

66.83

64.46

Aida Engineering 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															58.03	64.46	56.71	59.11	64.24

Aida Engineering 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.

Aida Engineering (Aida Engineering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aida Engineering Ltd (OTCPK:ADERY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

6118:Japan

Address

2-10 Ohyama-cho, Sagamihara, JPN, 2291181

Website

http://www.aida.co.jp

Aida Engineering Ltd is a Japan-based company that manufactures, sells, and services press machines and their ancillary facilities. The company's principal products comprise general-purpose servo presses, midsize and large servo presses, precision forming presses, general-purpose presses, midsize and large presses, high-speed automatic presses, cold forging presses, transfer feeders, coil feeders, and tooling dies. The company's services include overhaul, preventative maintenance, press inspections, machine relocation, and others. The company generates sales in Japan, Asia, the Americas, and Europe.

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