Souken Ace Co (TSE:1757) Accounts Payable & Accrued Expense : 円722 Mil (As of Sep. 2024)

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What is Souken Ace Co Accounts Payable & Accrued Expense?

Souken Ace Co's quarterly accounts payable & accrued expense declined from Dec. 2023 (円248 Mil) to Mar. 2024 (円147 Mil) but then increased from Mar. 2024 (円147 Mil) to Sep. 2024 (円722 Mil).

Souken Ace Co's annual accounts payable & accrued expense declined from Mar. 2022 (円812 Mil) to Mar. 2023 (円344 Mil) and declined from Mar. 2023 (円344 Mil) to Mar. 2024 (円147 Mil).

Souken Ace Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Souken Ace 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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Souken Ace Co Accounts Payable & Accrued Expense Chart

Souken Ace Co Annual Data

Trend

Mar15

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Mar24

Accounts Payable & Accrued Expense

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482.67

125.58

812.33

344.45

146.93

Souken Ace Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															323.04	170.80	247.86	146.93	722.05

Souken Ace 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.

Souken Ace Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Souken Ace Co Ltd (TSE:1757) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

11-36 Akasaka 1-Chome, Minato-Ku, Tokyo, JPN, 107-0052

Website

http://www.crea-hd.co.jp

Souken Ace Co Ltd Formerly Small and medium sized Enterprises Holdings Inc is engaged in the real estate development company that focuses on housing and living environment. The activities of the company include urban development, housing construction, sales, remodeling, and automobile related business.

Souken Ace Co Headlines

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