/term/accounts-payable-accrued-expense/FRA:1S5 Morimatsu International Holdings Co (FRA:1S5) Accounts Paya
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Morimatsu International Holdings Co (FRA:1S5) Accounts Payable & Accrued Expense : €214.5 Mil (As of Dec. 2023)


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What is Morimatsu International Holdings Co Accounts Payable & Accrued Expense?

Morimatsu International Holdings Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (€221.2 Mil) to Jun. 2023 (€219.8 Mil) and declined from Jun. 2023 (€219.8 Mil) to Dec. 2023 (€214.5 Mil).

Morimatsu International Holdings Co's annual accounts payable & accrued expense increased from Dec. 2021 (€152.1 Mil) to Dec. 2022 (€221.2 Mil) but then declined from Dec. 2022 (€221.2 Mil) to Dec. 2023 (€214.5 Mil).


Morimatsu International Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Morimatsu International Holdings 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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Morimatsu International Holdings Co Accounts Payable & Accrued Expense Chart

Morimatsu International Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 103.17 91.08 152.10 221.19 214.46

Morimatsu International Holdings Co Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 152.10 172.97 221.19 219.79 214.46

Morimatsu International Holdings 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.


Morimatsu International Holdings Co (FRA:1S5) Business Description

Traded in Other Exchanges
Address
No. 29 Jinwen Road, Pudong New District, Zhuqiao Town, Shanghai, CHN, 201323
Morimatsu International Holdings Co Ltd is a pressure equipment manufacturer and comprehensive pressure equipment solution provider in China. It offers traditional pressure equipment, modular pressure equipment, and pressure equipment-related value-added services. Geographically, the group has a presence in China, North America, Asia, Europe, Africa, and others, from which the majority of revenue derives from China.

Morimatsu International Holdings Co (FRA:1S5) Headlines

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