Micron Machinery Co (TSE:6159) Accounts Payable & Accrued Expense : 円499 Mil (As of Feb. 2024)

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What is Micron Machinery Co Accounts Payable & Accrued Expense?

Micron Machinery Co's quarterly accounts payable & accrued expense increased from Aug. 2023 (円287 Mil) to Nov. 2023 (円473 Mil) and increased from Nov. 2023 (円473 Mil) to Feb. 2024 (円499 Mil).

Micron Machinery Co's annual accounts payable & accrued expense increased from Aug. 2021 (円397 Mil) to Aug. 2022 (円849 Mil) but then declined from Aug. 2022 (円849 Mil) to Aug. 2023 (円287 Mil).

Micron Machinery Co Accounts Payable & Accrued Expense Historical Data

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

Micron Machinery Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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574.74

336.18

396.87

848.95

287.30

Micron Machinery Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															318.69	311.89	287.30	472.91	499.02

Micron Machinery 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.

Micron Machinery Co (TSE:6159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Micron Machinery Co Ltd (TSE:6159) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

578-2 Uwano, Zao, Yamagata, JPN, 990-2303

Website

http://www.micron-grinder.co.jp

Micron Machinery Co.,Ltd. is engaged in manufacturing and selling grinding machines in Japan. Its products include centerless and internal grinders. The company also exports its products to Australia, Austria, Brazil, Canada, Switzerland, China, the Czech Republic, Spain and France among other countries.

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