Hokuetsu (FRA:HPE) Accounts Payable & Accrued Expense : €149 Mil (As of Dec. 2023)

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What is Hokuetsu Accounts Payable & Accrued Expense?

Hokuetsu's quarterly accounts payable & accrued expense increased from Jun. 2023 (€161 Mil) to Sep. 2023 (€174 Mil) but then declined from Sep. 2023 (€174 Mil) to Dec. 2023 (€149 Mil).

Hokuetsu's annual accounts payable & accrued expense declined from Mar. 2022 (€190 Mil) to Mar. 2023 (€170 Mil) and declined from Mar. 2023 (€170 Mil) to Mar. 2024 (€154 Mil).

Hokuetsu Accounts Payable & Accrued Expense Historical Data

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

Hokuetsu Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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179.36

150.85

189.94

170.12

154.31

Hokuetsu Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															170.12	161.37	173.93	149.48	154.31

Hokuetsu 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.

Hokuetsu (FRA:HPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Hokuetsu Corp (FRA:HPE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

3865:Japan

Address

3-2-2 Nihonbashihongoku-cho, Chuo-ku, Tokyo, JPN, 103-0021

Website

http://www.hokuetsucorp.com

Hokuetsu Corp produces and sells a variety of paper products. The company is involved in production and sale of paper and pulp products, paper containers and liquid containers among others. It is also involved in Timber business, construction business, sales of various materials, real estate trading, transportation and warehouse business.