TIS (TSE:3626) Accounts Payable & Accrued Expense : 円23,897 Mil (As of Dec. 2023)

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What is TIS Accounts Payable & Accrued Expense?

TIS's quarterly accounts payable & accrued expense increased from Jun. 2023 (円26,575 Mil) to Sep. 2023 (円35,870 Mil) but then declined from Sep. 2023 (円35,870 Mil) to Dec. 2023 (円23,897 Mil).

TIS's annual accounts payable & accrued expense declined from Mar. 2022 (円44,339 Mil) to Mar. 2023 (円40,330 Mil) and declined from Mar. 2023 (円40,330 Mil) to Mar. 2024 (円35,230 Mil).

TIS Accounts Payable & Accrued Expense Historical Data

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

TIS Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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32,175.00

35,296.00

44,339.00

40,330.00

35,230.00

TIS 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															40,330.00	26,575.00	35,870.00	23,897.00	35,230.00

TIS 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.

TIS (TSE:3626) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TIS Inc (TSE:3626) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

4HO:Germany

Address

17-1, Nishishinjuku 8-chome, Shinjuku-ku, Toyama, JPN, 160-0023

Website

http://www.tis.com

TIS Inc is a Japan-based company engaged in providing information technology (IT) related services including outsourcing services, software development, and solution services regarding investments in information technology. The company's segments include IT Infrastructure Services, Financial IT Services, Industrial IT Services. The IT Infrastructure Services segment provides computer utility, that is, operation services, under in-house control through the use of large IT facilities such as data centers. The Financial IT Services segment applies finance-specific business knowhow and IT to support the shift toward greater use of IT in business operations and the execution of business activities drawing on the power of IT.

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