Softcreate Holdings (TSE:3371) Accounts Payable & Accrued Expense : 円2,863 Mil (As of Sep. 2024)

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What is Softcreate Holdings Accounts Payable & Accrued Expense?

Softcreate Holdings's quarterly accounts payable & accrued expense increased from Dec. 2023 (円2,031 Mil) to Mar. 2024 (円2,929 Mil) but then declined from Mar. 2024 (円2,929 Mil) to Sep. 2024 (円2,863 Mil).

Softcreate Holdings's annual accounts payable & accrued expense declined from Mar. 2022 (円2,695 Mil) to Mar. 2023 (円2,359 Mil) but then increased from Mar. 2023 (円2,359 Mil) to Mar. 2024 (円2,929 Mil).

Softcreate Holdings Accounts Payable & Accrued Expense Historical Data

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

Softcreate Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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1,871.40

2,087.19

2,695.19

2,358.91

2,929.13

Softcreate Holdings 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															1,687.05	2,594.64	2,031.02	2,929.13	2,862.79

Softcreate Holdings 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.

Softcreate Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Softcreate Holdings Corp (TSE:3371) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 15-1 Shibuya 2 - chome, Shibuya Cross Tower Building, Shibuya-ku, Tokyo, JPN, 150 0002

Website

http://www.softcreate.co.jp

Softcreate Holdings Corp is engaged in the provision of comprehensive information technology related services. The company is focusing on the system integration business and cloud integration business. System Integration Business offers comprehensive solutions from system proposal to design and development, infrastructure environment construction. Cloud Integration Business offers various cloud services of IaaS/PaaS/SaaS based on its cloud service SCCloud. In addition, the company also dealing with servers, client PCs, various software from the customer's IT assets to peripheral supplies and supplies.

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