Shinwa Wise Holdings Co (TSE:2437) Accounts Payable & Accrued Expense : 円216 Mil (As of May. 2024)

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What is Shinwa Wise Holdings Co Accounts Payable & Accrued Expense?

Shinwa Wise Holdings Co's quarterly accounts payable & accrued expense increased from Nov. 2023 (円62 Mil) to Feb. 2024 (円67 Mil) and increased from Feb. 2024 (円67 Mil) to May. 2024 (円216 Mil).

Shinwa Wise Holdings Co's annual accounts payable & accrued expense increased from May. 2022 (円198 Mil) to May. 2023 (円498 Mil) but then declined from May. 2023 (円498 Mil) to May. 2024 (円216 Mil).

Shinwa Wise Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shinwa Wise Holdings 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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Shinwa Wise Holdings Co Accounts Payable & Accrued Expense Chart

Shinwa Wise Holdings Co Annual Data

Trend

May15

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May24

Accounts Payable & Accrued Expense

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29.12

118.17

198.17

498.24

215.55

Shinwa Wise Holdings Co Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															498.24	27.14	62.36	66.75	215.55

Shinwa Wise Holdings 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.

Shinwa Wise Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Shinwa Wise Holdings Co Ltd (TSE:2437) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

7-4-12 Ginza, Chuo-ku, Ginza Medical Building, Tokyo, JPN, 104-0061

Website

https://www.shinwa-wise.com

Shinwa Wise Holdings Co Ltd is engaged in arranging & operating auctions and buying and selling antiques, consignment selling, export-import activities. Its auctions include the modern art auction, modern ceramics, auction, modern art PartII auction, other auctions such as post-war and contemporary art, wine, European decorative art.

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