Nippon Shokubai Co (Nippon Shokubai Co) Accounts Payable & Accrued Expense : $420 Mil (As of Mar. 2024)

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What is Nippon Shokubai Co Accounts Payable & Accrued Expense?

Nippon Shokubai Co's quarterly accounts payable & accrued expense increased from Sep. 2023 ($415 Mil) to Dec. 2023 ($446 Mil) but then declined from Dec. 2023 ($446 Mil) to Mar. 2024 ($420 Mil).

Nippon Shokubai Co's annual accounts payable & accrued expense declined from Mar. 2022 ($535 Mil) to Mar. 2023 ($427 Mil) and declined from Mar. 2023 ($427 Mil) to Mar. 2024 ($420 Mil).

Nippon Shokubai Co Accounts Payable & Accrued Expense Historical Data

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

Nippon Shokubai Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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437.56

435.46

534.91

427.25

419.74

Nippon Shokubai 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															427.25	402.74	414.78	445.56	419.74

Nippon Shokubai 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 Shokubai Co (Nippon Shokubai Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Shokubai Co Ltd (OTCPK:NSHKF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

4114:Japan

Address

4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, JPN

Website

http://www.shokubai.co.jp

Nippon Shokubai Co Ltd manufactures and sells a variety of chemicals, catalysts, and chemical-based products. The firm organizes itself into three segments based on product type. The functional chemicals segment, which generates the majority of revenue, sells polymers for concrete mixtures, acrylates used in detergents, and resins for paints and processed adhesive products. The basic chemicals segment sells ethylene oxide and ethylene glycol used in polyester fibers and plastic beverage containers. The environment and catalysts segment sells catalysts used for automotive products and lithium-ion battery production. The majority of revenue comes from Asia.

Nippon Shokubai Co (Nippon Shokubai Co) Headlines

From GuruFocus

Mitsubishi Heavy Industries and Nippon Shokubai Conclude Agreement on Joint Development of an Ammonia Cracking System

By ACN Newswire • 08-21-2023