MKSystem (TSE:3910) Accounts Payable & Accrued Expense : 円254 Mil (As of Sep. 2024)

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What is MKSystem Accounts Payable & Accrued Expense?

MKSystem's quarterly accounts payable & accrued expense increased from Dec. 2023 (円122 Mil) to Mar. 2024 (円218 Mil) and increased from Mar. 2024 (円218 Mil) to Sep. 2024 (円254 Mil).

MKSystem's annual accounts payable & accrued expense increased from Mar. 2022 (円244 Mil) to Mar. 2023 (円307 Mil) but then declined from Mar. 2023 (円307 Mil) to Mar. 2024 (円218 Mil).

MKSystem Accounts Payable & Accrued Expense Historical Data

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

MKSystem Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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294.52

200.97

244.31

307.16

218.33

MKSystem 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															225.16	327.30	121.80	218.33	253.71

MKSystem 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.

MKSystem Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MKSystem Corp (TSE:3910) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Nakazakinishi 2-chome, No. 4 and No. 12, Umeda Center Building 30th Floor, Kita-ku, Osaka-shi, Osaka, JPN, 530-0015

Website

http://www.mks.jp

MKSystem Corp provides business support system of social assurance and labor insurance. The Company's products include on-premise version and cloud version. The company also provides various human resources and general affairs related applications; and application systems that support payroll accounting, employment management, and salary item distribution work. Geographically it operates through the region of Japan.

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