Rinnai (TSE:5947) Accounts Payable & Accrued Expense : 円33,060 Mil (As of Dec. 2023)

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What is Rinnai Accounts Payable & Accrued Expense?

Rinnai's quarterly accounts payable & accrued expense increased from Jun. 2023 (円30,936 Mil) to Sep. 2023 (円32,363 Mil) and increased from Sep. 2023 (円32,363 Mil) to Dec. 2023 (円33,060 Mil).

Rinnai's annual accounts payable & accrued expense increased from Mar. 2022 (円51,446 Mil) to Mar. 2023 (円54,925 Mil) but then declined from Mar. 2023 (円54,925 Mil) to Mar. 2024 (円52,013 Mil).

Rinnai Accounts Payable & Accrued Expense Historical Data

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

Rinnai Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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40,936.00

49,235.00

51,446.00

54,925.00

52,013.00

Rinnai 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															54,925.00	30,936.00	32,363.00	33,060.00	52,013.00

Rinnai 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.

Rinnai (TSE:5947) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Rinnai Corp (TSE:5947) » Definitions » Accounts Payable & Accrued Expense

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RINIF:USA

Address

2-26, Fukuzumi-cho, Nakagawa-ku, Nagoya, JPN, 454-0802

Website

http://www.rinnai.co.jp

Rinnai Corporation is a Japanese company that manufactures and sells gas water heating, gas home heating, and commercial water heating appliances and their components. The company has operations across the globe, including Australia, Brazil, Europe, the United States, and Southeast Asia. Rinnai supplies kitchen appliances; bath appliances; living appliances, such as gas and floor heating systems; and professional products, such as gas fryers and ranges. These products are sold and distributed to various customers, including utility companies, housing equipment manufacturers, general stores, house makers, and Rinnai's global subsidiaries.

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