Maruichi Steel Tube (Maruichi Steel Tube) Accounts Payable & Accrued Expense : $242 Mil (As of Dec. 2023)

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What is Maruichi Steel Tube Accounts Payable & Accrued Expense?

Maruichi Steel Tube's quarterly accounts payable & accrued expense increased from Jun. 2023 ($262 Mil) to Sep. 2023 ($267 Mil) but then declined from Sep. 2023 ($267 Mil) to Dec. 2023 ($242 Mil).

Maruichi Steel Tube's annual accounts payable & accrued expense declined from Mar. 2022 ($347 Mil) to Mar. 2023 ($306 Mil) and declined from Mar. 2023 ($306 Mil) to Mar. 2024 ($241 Mil).

Maruichi Steel Tube Accounts Payable & Accrued Expense Historical Data

The historical data trend for Maruichi Steel Tube'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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Maruichi Steel Tube Accounts Payable & Accrued Expense Chart

Maruichi Steel Tube Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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238.53

264.05

347.17

306.32

240.74

Maruichi Steel Tube 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															306.32	261.68	267.02	242.02	240.74

Maruichi Steel Tube 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.

Maruichi Steel Tube (Maruichi Steel Tube) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Maruichi Steel Tube Ltd (OTCPK:MCHIF) » Definitions » Accounts Payable & Accrued Expense

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5463:Japan

Address

29th Floor, Nambaskyo, 1-60, 5, Chome, Namba, Chuo-ku, Osaka, JPN, 542-0076

Website

http://www.maruichikokan.co.jp

Maruichi Steel Tube Ltd is a Japan-based company that manufactures and sells steel tube and steel sheet coating. Japan, North America, and Asia excluding Japan are the three largest markets for the company. The company's product portfolio includes welded steel tubes, hot-dip galvanized steel sheet, lighting poles, and prepainted steel sheet. Its products are used in architecture, civil engineering, machinery, power generation plants, automobiles, motor cycles, medical equipment, fitness machines, office automation equipment, office and educational furniture, and others. It has plants across North America and Asia.

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