Daito Trust Construction Co (Daito Trust Construction Co) Accounts Payable & Accrued Expense : $479 Mil (As of Mar. 2024)

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What is Daito Trust Construction Co Accounts Payable & Accrued Expense?

Daito Trust Construction Co's quarterly accounts payable & accrued expense declined from Sep. 2023 ($424 Mil) to Dec. 2023 ($371 Mil) but then increased from Dec. 2023 ($371 Mil) to Mar. 2024 ($479 Mil).

Daito Trust Construction Co's annual accounts payable & accrued expense increased from Mar. 2022 ($501 Mil) to Mar. 2023 ($522 Mil) but then declined from Mar. 2023 ($522 Mil) to Mar. 2024 ($479 Mil).

Daito Trust Construction Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Daito Trust Construction 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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Daito Trust Construction Co Accounts Payable & Accrued Expense Chart

Daito Trust Construction Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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787.99

460.66

500.79

522.05

479.46

Daito Trust Construction 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															522.05	338.35	423.78	371.12	479.46

Daito Trust Construction 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.

Daito Trust Construction Co (Daito Trust Construction Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Daito Trust Construction Co Ltd (OTCPK:DIFTY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

1878:Japan 1878:Japan 4D7:Germany

Address

2-16-1, Konan, Minato-ku, Tokyo, JPN, 108-8211

Website

http://www.kentaku.co.jp

Daito Trust Construction Co Ltd engages in the design and construction of apartments, condominiums, rental office buildings, factories, and warehouses. Additional activities include tenant recruiting, building maintenance, and contracting arrangements. A Lease Management Trust System sits at the center of Daito's operations. Under this system, business is divided between the construction business and the real estate business. The company plans and proposes building rental businesses to landowners, and then designs and constructs the contracted rental buildings. Daito also recruits tenants for its constructed rental buildings and provides property management and operation services for the buildings.

Daito Trust Construction Co (Daito Trust Construction Co) Headlines

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