Meitongyo Co (TSE:2207) Accounts Payable & Accrued Expense : 円3,433 Mil (As of Dec. 2023)

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What is Meitongyo Co Accounts Payable & Accrued Expense?

Meitongyo Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (円3,412 Mil) to Sep. 2023 (円3,310 Mil) but then increased from Sep. 2023 (円3,310 Mil) to Dec. 2023 (円3,433 Mil).

Meitongyo Co's annual accounts payable & accrued expense increased from Mar. 2021 (円3,141 Mil) to Mar. 2022 (円4,451 Mil) but then declined from Mar. 2022 (円4,451 Mil) to Mar. 2023 (円4,339 Mil).

Meitongyo Co Accounts Payable & Accrued Expense Historical Data

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

Meitongyo Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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2,508.00

2,428.00

3,141.00

4,451.00

4,339.00

Meitongyo Co 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															3,120.00	4,339.00	3,412.00	3,310.00	3,433.00

Meitongyo 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.

Meitongyo Co (TSE:2207) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Meito Sangyo Co Ltd (TSE:2207) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Number 41-chome, Nagoya, Sasazuka, Aichi Prefecture, JPN, 451-8520

Website

http://www.meito-sangyo.co.jp

Meito Sangyo Co Ltd is a Japanese based company operates in a wide range of business. The company is primarily involved in the manufacture and sale of confectionery, beverages, seasoning foods, food additives and other foods. In addition, it is also involved in the manufacture and sale of pharmaceuticals, quasi-drugs, medical devices, veterinary medicines, cosmetics, and other chemical products. Further, it also involved in the construction and management of golf course activity. Geographically, business activities of the group are functioned through the region of Japan.

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