Sockets (TSE:3634) Accounts Payable & Accrued Expense : 円62 Mil (As of Dec. 2023)

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What is Sockets Accounts Payable & Accrued Expense?

Sockets's quarterly accounts payable & accrued expense increased from Jun. 2023 (円43 Mil) to Sep. 2023 (円57 Mil) and increased from Sep. 2023 (円57 Mil) to Dec. 2023 (円62 Mil).

Sockets's annual accounts payable & accrued expense declined from Mar. 2021 (円57 Mil) to Mar. 2022 (円54 Mil) but then increased from Mar. 2022 (円54 Mil) to Mar. 2023 (円65 Mil).

Sockets Accounts Payable & Accrued Expense Historical Data

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

Sockets Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

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Mar20

Mar21

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Mar23

Accounts Payable & Accrued Expense

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64.16

67.82

56.96

54.26

65.47

Sockets 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															41.99	65.47	42.88	56.99	62.26

Sockets 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.

Sockets (TSE:3634) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sockets Inc (TSE:3634) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

3F JPR Sendagaya Building, 4-23-5 Sendagaya Shibuya-Ku, Tokyo, JPN, 105-0051

Website

http://www.sockets.co.jp

Sockets Inc is a Japan-based company engaged in developing applications, databases, and services for Internet platforms in Japan. The services provided by the company include Data service, Emotional metadata analysis service, Specialised search service and Developing and construction integral system among others.

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