Morinaga Milk Industry Co (TSE:2264) Accounts Payable & Accrued Expense

: 円87,509 Mil (As of Dec. 2023)

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Morinaga Milk Industry Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円76,275 Mil) to Sep. 2023 (円87,024 Mil) and increased from Sep. 2023 (円87,024 Mil) to Dec. 2023 (円87,509 Mil).

Morinaga Milk Industry Co's annual accounts payable & accrued expense increased from Mar. 2021 (円52,933 Mil) to Mar. 2022 (円62,158 Mil) but then declined from Mar. 2022 (円62,158 Mil) to Mar. 2023 (円56,771 Mil).

Morinaga Milk Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Morinaga Milk Industry 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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Morinaga Milk Industry Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

57,176.00

56,202.00

52,933.00

62,158.00

56,771.00

Morinaga Milk Industry 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																62,225.00	56,771.00	76,275.00	87,024.00	87,509.00

Morinaga Milk Industry 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.

Morinaga Milk Industry Co (TSE:2264) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Morinaga Milk Industry Co Ltd (TSE:2264) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MO8:Germany

Address

33-1, Shiba 5-chome, Minato-ku, Tokyo, JPN, 108-8384

Website

http://www.morinagamilk.co.jp

Morinaga Milk Industry Co., Ltd. is a Japanese company engaged in the production and distribution of dairy products. It produces a variety of milk and milk based products such as dairy-based beverages, yogurt, desserts, condensed milk, powdered milk, butter, cheese, ice cream, clinical liquid diets. It also manufactures and sells animal feed, and constructs plant equipments. The company through its subsidiaries markets its products internationally.

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