Nissin Foods Co (FRA:4NS) Accounts Payable & Accrued Expense : €73.9 Mil (As of Dec. 2023)

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What is Nissin Foods Co Accounts Payable & Accrued Expense?

Nissin Foods Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (€99.7 Mil) to Sep. 2023 (€112.8 Mil) but then declined from Sep. 2023 (€112.8 Mil) to Dec. 2023 (€73.9 Mil).

Nissin Foods Co's annual accounts payable & accrued expense declined from Dec. 2021 (€85.7 Mil) to Dec. 2022 (€81.7 Mil) and declined from Dec. 2022 (€81.7 Mil) to Dec. 2023 (€73.9 Mil).

Nissin Foods Co Accounts Payable & Accrued Expense Historical Data

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

Nissin Foods Co Annual Data

Trend

Dec14

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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71.03

80.91

85.67

81.74

73.91

Nissin Foods Co Quarterly Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	81.74	99.68	112.85	73.91

Nissin Foods 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.

Nissin Foods Co (FRA:4NS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissin Foods Co Ltd (FRA:4NS) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

01475:Hong Kong

Address

11-13 Dai Shun Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://www.nissingroup.com.hk

Nissin Foods Co Ltd is a Hong Kong-based company. The company produces and sell instant noodle, frozen food, retort foods, beverage products and snacks in Hong Kong and China. It sells its products under the brand name NISSIN, DOLL, Cup Noodles, Doll Instant Noodle, and Fuku. The company's operating segments include HK Operations and PRC Operations. It derives a majority of revenue from the PRC Operations segment.

Nissin Foods Co (FRA:4NS) Headlines

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