Mitsubishi Chemical Group (Mitsubishi Chemical Group) Accounts Payable & Accrued Expense : $3,525 Mil (As of Dec. 2023)

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What is Mitsubishi Chemical Group Accounts Payable & Accrued Expense?

Mitsubishi Chemical Group's quarterly accounts payable & accrued expense increased from Jun. 2023 ($3,527 Mil) to Sep. 2023 ($3,531 Mil) but then declined from Sep. 2023 ($3,531 Mil) to Dec. 2023 ($3,525 Mil).

Mitsubishi Chemical Group's annual accounts payable & accrued expense increased from Mar. 2021 ($3,722 Mil) to Mar. 2022 ($4,400 Mil) but then declined from Mar. 2022 ($4,400 Mil) to Mar. 2023 ($3,781 Mil).

Mitsubishi Chemical Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mitsubishi Chemical Group'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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Mitsubishi Chemical Group Accounts Payable & Accrued Expense Chart

Mitsubishi Chemical Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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4,716.14

3,876.27

3,721.79

4,400.07

3,781.40

Mitsubishi Chemical Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,050.20	3,781.40	3,527.06	3,531.04	3,525.01

Mitsubishi Chemical Group 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.

Mitsubishi Chemical Group (Mitsubishi Chemical Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mitsubishi Chemical Group Corp (OTCPK:MTLHF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MTLHY:USA 4188:Japan M3C:Germany

Address

1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8251

Website

https://www.mcgc.com

Mitsubishi Chemical Group Corp is a holdings company, which manufactures and sells chemicals, plastics, and pharmaceuticals. It organizes itself into three segments based on product. The Industrial Materials segment, which generates the majority of revenue, sells chemicals and polymers, including industrial gases, petrochemicals, thermoplastics, polyethylene, and polypropylene. The Performance Products segment sells electronics and designed materials, including LED lighting and equipment, specialty chemicals, polyester and industrial films, and fibers. The Health Care segment sells pharmaceuticals to treat autoimmune diseases, diabetes and kidney diseases, central nervous system treatments, and vaccines. The majority of revenue comes from Japan.

Mitsubishi Chemical Group (Mitsubishi Chemical Group) Headlines

From GuruFocus

Q3 2024 Mitsubishi Chemical Group Corp Earnings Presentation Transcript

By GuruFocus Research • 02-07-2024