Wellnet (TSE:2428) Accounts Payable & Accrued Expense : 円671 Mil (As of Mar. 2024)

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What is Wellnet Accounts Payable & Accrued Expense?

Wellnet's quarterly accounts payable & accrued expense increased from Sep. 2023 (円518 Mil) to Dec. 2023 (円709 Mil) but then declined from Dec. 2023 (円709 Mil) to Mar. 2024 (円671 Mil).

Wellnet's annual accounts payable & accrued expense declined from Jun. 2021 (円1,018 Mil) to Jun. 2022 (円855 Mil) but then increased from Jun. 2022 (円855 Mil) to Jun. 2023 (円855 Mil).

Wellnet Accounts Payable & Accrued Expense Historical Data

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

Wellnet Annual Data

Trend

Jun14

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Jun23

Accounts Payable & Accrued Expense

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717.98

820.97

1,017.63

854.94

855.44

Wellnet 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															611.62	855.44	517.61	709.27	670.95

Wellnet 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.

Wellnet (TSE:2428) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wellnet Corp (TSE:2428) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

1-3-1, Toranomon, Minato-ku, Toranomon Global Square, 14th Floor, Tokyo, JPN

Website

http://www.well-net.jp

Wellnet Corp provides payment services that connect real-time payment of cash by connecting store terminals of convenience stores with the company and business operators. Its service offerings include payment secretary, multipayment service, bus IT solution, convenience store cash receiving service, remittance service, invoice issuance agency service, electronic ticket electronic authentication service, and various other application services.

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