Nippon Gas Co (FRA:NG0) Accounts Payable & Accrued Expense : €123 Mil (As of Mar. 2024)

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What is Nippon Gas Co Accounts Payable & Accrued Expense?

Nippon Gas Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (€79 Mil) to Dec. 2023 (€106 Mil) and increased from Dec. 2023 (€106 Mil) to Mar. 2024 (€123 Mil).

Nippon Gas Co's annual accounts payable & accrued expense increased from Mar. 2022 (€140 Mil) to Mar. 2023 (€147 Mil) but then declined from Mar. 2023 (€147 Mil) to Mar. 2024 (€123 Mil).

Nippon Gas Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nippon Gas 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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Nippon Gas Co Accounts Payable & Accrued Expense Chart

Nippon Gas Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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100.36

91.17

139.77

146.73

123.37

Nippon Gas Co 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															146.73	77.32	79.00	106.20	123.37

Nippon Gas 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.

Nippon Gas Co (FRA:NG0) Business Description

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8174:Japan

Address

10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540

Website

http://www.nichigas.co.jp

Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.

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