CLIP (TSE:4705) Accounts Payable & Accrued Expense : 円38 Mil (As of Dec. 2023)

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What is CLIP Accounts Payable & Accrued Expense?

CLIP's quarterly accounts payable & accrued expense increased from Jun. 2023 (円25 Mil) to Sep. 2023 (円48 Mil) but then declined from Sep. 2023 (円48 Mil) to Dec. 2023 (円38 Mil).

CLIP's annual accounts payable & accrued expense increased from Mar. 2021 (円95 Mil) to Mar. 2022 (円163 Mil) but then declined from Mar. 2022 (円163 Mil) to Mar. 2023 (円85 Mil).

CLIP Accounts Payable & Accrued Expense Historical Data

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

CLIP Annual Data

Trend

Mar14

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Mar23

Accounts Payable & Accrued Expense

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147.64

173.14

94.89

163.40

85.30

CLIP 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															66.75	85.30	24.70	48.27	37.64

CLIP 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.

CLIP (TSE:4705) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » CLIP Corp (TSE:4705) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Third Street, No. 10 No. 18 Uchiyama, Nagoya, JPN

Website

http://www.clip-cor.co.jp

CLIP Corp is a Japan-based company engages in the operation of learning cram school to elementary and junior high school students. It is also engaged in the operation of soccer schools which provide services to children from babies to early elementary school students.

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