Futaba (Futaba) Accounts Payable & Accrued Expense : $19.3 Mil (As of Dec. 2023)

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What is Futaba Accounts Payable & Accrued Expense?

Futaba's quarterly accounts payable & accrued expense declined from Jun. 2023 ($26.1 Mil) to Sep. 2023 ($23.1 Mil) and declined from Sep. 2023 ($23.1 Mil) to Dec. 2023 ($19.3 Mil).

Futaba's annual accounts payable & accrued expense increased from Mar. 2021 ($32.3 Mil) to Mar. 2022 ($34.5 Mil) but then declined from Mar. 2022 ($34.5 Mil) to Mar. 2023 ($27.4 Mil).

Futaba Accounts Payable & Accrued Expense Historical Data

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

Futaba Annual Data

Trend

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Mar23

Accounts Payable & Accrued Expense

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36.29

24.76

32.30

34.48

27.40

Futaba 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															32.64	27.40	26.09	23.06	19.28

Futaba 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.

Futaba (Futaba) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Futaba Corp (OTCPK:FUBAF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

6986:Japan

Address

629 Oshiba, Chiba Prefecture, Mobara, JPN, 297-8588

Website

http://www.futaba.co.jp

Futaba Corp manufactures and sells vacuum fluorescent display for home, automotive and industrial applications mainly in Asia and rests from Japan, America, and Europe. The company operates in two business segments. The Electronic Devices segment which consists of Vaccum Fluorescent Displays(VFDs), VFD modules, Organic Light- Emitting Diode(OLEDs) and touch panels. The Machinery and Tooling segment which consists of the press die set components, mold-base components, precision plates and equipment for automation.

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