Mizuho Financial Group (BUE:MFG) Accounts Payable & Accrued Expense : ARS2,567,065 Mil (As of Dec. 2023)

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What is Mizuho Financial Group Accounts Payable & Accrued Expense?

Mizuho Financial Group's quarterly accounts payable & accrued expense increased from Jun. 2023 (ARS1,891,705 Mil) to Sep. 2023 (ARS2,564,268 Mil) and increased from Sep. 2023 (ARS2,564,268 Mil) to Dec. 2023 (ARS2,567,065 Mil).

Mizuho Financial Group's annual accounts payable & accrued expense increased from Mar. 2021 (ARS961,807 Mil) to Mar. 2022 (ARS1,056,978 Mil) and increased from Mar. 2022 (ARS1,056,978 Mil) to Mar. 2023 (ARS2,267,328 Mil).

Mizuho Financial Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mizuho Financial Group'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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Mizuho Financial Group Accounts Payable & Accrued Expense Chart

Mizuho Financial Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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507,629.11

791,668.90

961,807.14

1,056,977.82

2,267,328.43

Mizuho Financial Group 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															1,900,973.44	2,267,328.43	1,891,704.54	2,564,267.62	2,567,064.87

Mizuho Financial Group 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.

Mizuho Financial Group (BUE:MFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mizuho Financial Group Inc (BUE:MFG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MZHOF:USA MFG:USA 8411:Japan MZ8A:Germany

Address

1-5-5, Otemachi, Otemachi Tower, Chiyoda-ku, Tokyo, JPN, 100-8176

Website

https://www.mizuho-fg.co.jp

Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2023, Mizuho's market share of domestic loans was 6.7%, compared with 7.1% for SMFG and 8.1% for MUFG. In Japan, Mizuho has more of a corporate focus than SMFG, which has a larger retail business. Its overseas weighting is slightly smaller than that of MUFG. Unlike its two Japanese megabank peers that own foreign banks outright or hold noncontrolling stakes in local banks overseas, Mizuho expanded in recent years beyond its traditional Japanese borrowers, mainly through its core banking and securities units, focusing on the financing needs of global multinational corporations.