Ecomic Co (TSE:3802) Accounts Payable & Accrued Expense : 円134 Mil (As of Dec. 2023)

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What is Ecomic Co Accounts Payable & Accrued Expense?

Ecomic Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円50 Mil) to Sep. 2023 (円75 Mil) and increased from Sep. 2023 (円75 Mil) to Dec. 2023 (円134 Mil).

Ecomic Co's annual accounts payable & accrued expense increased from Mar. 2021 (円37 Mil) to Mar. 2022 (円85 Mil) but then declined from Mar. 2022 (円85 Mil) to Mar. 2023 (円71 Mil).

Ecomic Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ecomic 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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Ecomic Co Accounts Payable & Accrued Expense Chart

Ecomic Co Annual Data

Trend

Mar14

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Mar23

Accounts Payable & Accrued Expense

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51.92

142.31

37.25

85.03

71.48

Ecomic Co 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															168.22	71.48	49.64	75.43	134.44

Ecomic 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.

Ecomic Co (TSE:3802) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ecomic Co Ltd (TSE:3802) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Otanishi 8-chome 1-1 Asahi Life Sapporo Odori Building, Chuo-ku, Sapporo, JPN, 060-0042

Website

http://www.ecomic.jp

Ecomic Co Ltd is a Japanese firm. It provides payroll outsourcing services. The Company develops and sells payroll calculation systems and provides salary consulting services throughout Japan. It also develops and maintains computer software and sells and operates personnel management systems.

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