Klass (TSE:6233) Accounts Payable & Accrued Expense : 円741 Mil (As of Dec. 2023)

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What is Klass Accounts Payable & Accrued Expense?

Klass's quarterly accounts payable & accrued expense increased from Jun. 2023 (円816 Mil) to Sep. 2023 (円1,274 Mil) but then declined from Sep. 2023 (円1,274 Mil) to Dec. 2023 (円741 Mil).

Klass's annual accounts payable & accrued expense increased from Sep. 2021 (円942 Mil) to Sep. 2022 (円1,470 Mil) but then declined from Sep. 2022 (円1,470 Mil) to Sep. 2023 (円1,274 Mil).

Klass Accounts Payable & Accrued Expense Historical Data

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

Klass Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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1,192.55

879.36

941.66

1,470.38

1,273.80

Klass 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															786.33	885.77	815.98	1,273.80	740.64

Klass 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.

Klass (TSE:6233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Klass Corp (TSE:6233) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

190 Hikai, Tatsuno-cho, Hyogo prefecture, 190 Hikai, Tatsuno-cho, Tatsuno, JPN, 699-4195

Website

https://www.klass-corp.co.jp

Klass Corp is a Japan-based machinery manufacturer. The company is mainly engaged in the development, manufacturing, and sale of various automatic and labor-saving machines. Products offered by the company include wallpaper-pasting, floor construction equipment, curtain manufacturing equipment, laminating machine, Tatami manufacturing equipment, sliding door manufacturing equipment, kitchen equipment, and solar power.

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