Advanex (TSE:5998) Accounts Payable & Accrued Expense : 円2,201 Mil (As of Sep. 2024)

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What is Advanex Accounts Payable & Accrued Expense?

Advanex's quarterly accounts payable & accrued expense declined from Dec. 2023 (円2,059 Mil) to Mar. 2024 (円2,031 Mil) but then increased from Mar. 2024 (円2,031 Mil) to Sep. 2024 (円2,201 Mil).

Advanex's annual accounts payable & accrued expense declined from Mar. 2022 (円2,230 Mil) to Mar. 2023 (円1,867 Mil) but then increased from Mar. 2023 (円1,867 Mil) to Mar. 2024 (円2,031 Mil).

Advanex Accounts Payable & Accrued Expense Historical Data

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

Advanex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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3,002.59

3,480.60

2,229.73

1,866.52

2,030.75

Advanex 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															2,205.54	2,081.66	2,059.29	2,030.75	2,201.38

Advanex 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.

Advanex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advanex Inc (TSE:5998) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Asuka Tower Bldg. 6-1-1 Tabata, Kita-ku, Tokyo, JPN, 114-8581

Website

http://www.advanex.co.jp

Advanex Inc is a Japan-based wire springs company. It is mainly engaged in the manufacturing and sales of precision springs. Products offered by the company include wire spring, flat spring, deep drawing, insert molding, damper, tangles insert, among others. Its products are used in automobiles, aircraft, medical field, mobile phones, home appliances, and other industrial equipment.

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