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Ajinomoto Co (Ajinomoto Co) Accounts Payable & Accrued Expense : $1,595 Mil (As of Mar. 2024)


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What is Ajinomoto Co Accounts Payable & Accrued Expense?

Ajinomoto Co's quarterly accounts payable & accrued expense increased from Sep. 2023 ($1,396 Mil) to Dec. 2023 ($1,484 Mil) and increased from Dec. 2023 ($1,484 Mil) to Mar. 2024 ($1,595 Mil).

Ajinomoto Co's annual accounts payable & accrued expense declined from Mar. 2022 ($1,771 Mil) to Mar. 2023 ($1,601 Mil) and declined from Mar. 2023 ($1,601 Mil) to Mar. 2024 ($1,595 Mil).


Ajinomoto Co Accounts Payable & Accrued Expense Historical Data

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

Ajinomoto Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,774.91 1,832.78 1,770.94 1,600.81 1,595.33

Ajinomoto 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 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 1,600.81 1,412.84 1,395.54 1,483.59 1,595.33

Ajinomoto 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.


Ajinomoto Co (Ajinomoto Co) Business Description

Traded in Other Exchanges
Address
15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 104-8315
Ajinomoto is Japan's leading food company specializing in amino acids and seasonings derived from amino acid fermentation technologies. It also produces processed foods including dry soup mixes, frozen foods, and beverage products. Apart from the consumer business, it is a key supplier of MSG and nucleotides to global food manufacturers including Nestle. The food business represents nearly three fourths of group sales and 80%-plus of profits with nearly two thirds generated overseas. Healthcare and function materials (mainly Ajinomoto build-up film, or ABF), the key growth drivers through 2030, make up the balance of its business portfolio. The nonfood businesses are expected to contribute half of the group profits by 2030, boosted by ABF and CDMO growth.