Meito Transportation Co (FRA:MTD) Accounts Payable & Accrued Expense : €23.1 Mil (As of Jun. 2015)

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What is Meito Transportation Co Accounts Payable & Accrued Expense?

Meito Transportation Co's quarterly accounts payable & accrued expense increased from Dec. 2014 (€26.3 Mil) to Mar. 2015 (€30.3 Mil) but then declined from Mar. 2015 (€30.3 Mil) to Jun. 2015 (€23.1 Mil).

Meito Transportation Co's annual accounts payable & accrued expense declined from Mar. 2013 (€19.8 Mil) to Mar. 2014 (€18.7 Mil) but then increased from Mar. 2014 (€18.7 Mil) to Mar. 2015 (€30.3 Mil).

Meito Transportation Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Meito Transportation 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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Meito Transportation Co Accounts Payable & Accrued Expense Chart

Meito Transportation Co Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Accounts Payable & Accrued Expense

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18.97

19.05

19.75

18.70

30.25

Meito Transportation Co Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															23.26	25.28	26.29	30.25	23.10

Meito Transportation 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.

Meito Transportation Co (FRA:MTD) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.meiun.co.jp

Meito Transportation Co., Ltd. operates as a food distribution company in Japan. Its services include general truck transport, truck transport forwarding, and truck repair.