Nittoku Co (TSE:6145) Accounts Payable & Accrued Expense : 円2,316 Mil (As of Sep. 2024)

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What is Nittoku Co Accounts Payable & Accrued Expense?

Nittoku Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (円2,426 Mil) to Mar. 2024 (円3,114 Mil) but then declined from Mar. 2024 (円3,114 Mil) to Sep. 2024 (円2,316 Mil).

Nittoku Co's annual accounts payable & accrued expense declined from Mar. 2022 (円2,134 Mil) to Mar. 2023 (円2,087 Mil) but then increased from Mar. 2023 (円2,087 Mil) to Mar. 2024 (円3,114 Mil).

Nittoku Co Accounts Payable & Accrued Expense Historical Data

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

Nittoku Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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1,555.09

2,286.00

2,134.00

2,087.00

3,114.00

Nittoku 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															2,508.00	2,861.00	2,426.00	3,114.00	2,316.00

Nittoku 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.

Nittoku Co Business Description

Industry

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Address

5-11-20, Shirahata, Minami-ku, Saitama Prefecture, Saitama, JPN, 3368561

Website

http://www.nittoku.co.jp

Nittoku Co Ltd is a Japan-based company engaged in the manufacturing and sale of coil winding machines and peripheral systems. It also engaged in the factory automation systems and contactless smart cards and parts thereof. The product portfolio of the company includes Relay, Injector coil, Pick up coil, Bobbinless coil, and IC Card among others.

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