Molitec Steel Co (TSE:5986) Accounts Payable & Accrued Expense : 円9,648 Mil (As of Sep. 2024)

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What is Molitec Steel Co Accounts Payable & Accrued Expense?

Molitec Steel Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (円10,280 Mil) to Mar. 2024 (円10,886 Mil) but then declined from Mar. 2024 (円10,886 Mil) to Sep. 2024 (円9,648 Mil).

Molitec Steel Co's annual accounts payable & accrued expense increased from Mar. 2022 (円7,095 Mil) to Mar. 2023 (円11,023 Mil) but then declined from Mar. 2023 (円11,023 Mil) to Mar. 2024 (円10,886 Mil).

Molitec Steel Co Accounts Payable & Accrued Expense Historical Data

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

Molitec Steel Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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5,984.64

6,200.07

7,095.15

11,023.11

10,886.07

Molitec Steel Co 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															10,021.97	9,814.39	10,279.79	10,886.07	9,648.46

Molitec Steel 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.

Molitec Steel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Molitec Steel Co Ltd (TSE:5986) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

18-31 Tanimachi 6-chome, Chuo-ku, Osaka, JPN, 542-0012

Website

http://www.molitec.co.jp

Molitec Steel Co Ltd operates in the steel industry. The company is engaged in the business of processing and selling Cold Rolled Special Steel Strips, Stainless Steel Strips, and Various Steel Strips. The company is also involved in the manufacture and sale of various machinery tools, steel parts, plastic products and parts, and the import and export of merchandise.

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