Tokyu Land (FRA:TOL) Accounts Payable & Accrued Expense : €126 Mil (As of Dec. 2013)

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What is Tokyu Land Accounts Payable & Accrued Expense?

Tokyu Land's quarterly accounts payable & accrued expense increased from Jun. 2013 (€233 Mil) to Sep. 2013 (€320 Mil) but then declined from Sep. 2013 (€320 Mil) to Dec. 2013 (€126 Mil).

Tokyu Land's annual accounts payable & accrued expense increased from Mar. 2011 (€667 Mil) to Mar. 2012 (€682 Mil) but then declined from Mar. 2012 (€682 Mil) to Mar. 2013 (€525 Mil).

Tokyu Land Accounts Payable & Accrued Expense Historical Data

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

Tokyu Land Annual Data

Trend

Mar04

Mar05

Mar06

Mar07

Mar08

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Mar10

Mar11

Mar12

Mar13

Accounts Payable & Accrued Expense

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401.13

562.80

666.80

682.49

525.49

Tokyu Land Quarterly Data
	Dec08	Mar09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															304.63	525.49	232.71	320.10	126.19

Tokyu Land 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.

Tokyu Land (FRA:TOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tokyu Land Corp (FRA:TOL) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Website

http://www.tokyu-land.co.jp

Tokyu Land Corp is a real estate company engaged in seven business segments, namely real estate sales, contracted construction, retail sales, leasing of real estate, property management, resorts and real estate agents and other.