Sodick Co (Sodick Co) Accounts Payable & Accrued Expense : $40.7 Mil (As of Dec. 2023)

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What is Sodick Co Accounts Payable & Accrued Expense?

Sodick Co's quarterly accounts payable & accrued expense declined from Jun. 2023 ($35.8 Mil) to Sep. 2023 ($34.3 Mil) but then increased from Sep. 2023 ($34.3 Mil) to Dec. 2023 ($40.7 Mil).

Sodick Co's annual accounts payable & accrued expense declined from Dec. 2021 ($81.1 Mil) to Dec. 2022 ($60.9 Mil) and declined from Dec. 2022 ($60.9 Mil) to Dec. 2023 ($40.7 Mil).

Sodick Co Accounts Payable & Accrued Expense Historical Data

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

Sodick Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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51.48

53.77

81.08

60.89

40.67

Sodick Co 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															60.89	37.83	35.80	34.29	40.67

Sodick 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.

Sodick Co (Sodick Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sodick Co Ltd (OTCPK:SDCKF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

6143:Japan

Address

3-12-1 Nakamachidai, Tsuzuki-ku, Yokohama, Kanagawa, JPN, 224-8522

Website

http://www.sodick.co.jp

Sodick Co Ltd is the manufacturer of electrical discharge machines (EDM). The company operates through three segments namely Machine tools operations, Industrial machinery operations, and Food processing machinery operations. It offers various machine tools products such as die-sinker, wire-cut, and small-hole drilling EDMs, horizontal injection molding machine, noodle producing the machine, powder mill, linear motor and linear motor drivers and many more.

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