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Toyo Tire (Toyo Tire) Accounts Payable & Accrued Expense : $465 Mil (As of Mar. 2024)


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What is Toyo Tire Accounts Payable & Accrued Expense?

Toyo Tire's quarterly accounts payable & accrued expense increased from Sep. 2023 ($559 Mil) to Dec. 2023 ($622 Mil) but then declined from Dec. 2023 ($622 Mil) to Mar. 2024 ($465 Mil).

Toyo Tire's annual accounts payable & accrued expense increased from Dec. 2021 ($570 Mil) to Dec. 2022 ($635 Mil) but then declined from Dec. 2022 ($635 Mil) to Dec. 2023 ($622 Mil).


Toyo Tire Accounts Payable & Accrued Expense Historical Data

The historical data trend for Toyo Tire'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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Toyo Tire Accounts Payable & Accrued Expense Chart

Toyo Tire Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 511.97 510.74 569.53 634.61 622.11

Toyo Tire 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 466.77 575.74 558.96 622.11 464.99

Toyo Tire 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.


Toyo Tire (Toyo Tire) Business Description

Traded in Other Exchanges
Address
2-2-13 Fujinoki, Hyogo, Itami, JPN, 664-0847
Toyo Tire Corp manufactures and sells tires, rubber tubes, industrial rubber, polyurethane products, and automotive parts. The majority of the company's revenue is amassed through Japanese and North American sales. Toyo Tire & Rubber's tires are developed through micro-level research and analysis. Optimal tire performance is gained through proprietary nano-level blending techniques that provide uniform polymer dispersion. Additional enhancements are gained through driving simulation and propriety T mode simulation. Simulation testing methods enable the company to monitor tire behavior and construction under various situations.

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