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Modec (TSE:6269) Accounts Payable & Accrued Expense : 円176,225 Mil (As of Jun. 2024)


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What is Modec Accounts Payable & Accrued Expense?

Modec's quarterly accounts payable & accrued expense declined from Dec. 2023 (円181,327 Mil) to Mar. 2024 (円157,845 Mil) but then increased from Mar. 2024 (円157,845 Mil) to Jun. 2024 (円176,225 Mil).

Modec's annual accounts payable & accrued expense declined from Dec. 2021 (円159,029 Mil) to Dec. 2022 (円129,531 Mil) but then increased from Dec. 2022 (円129,531 Mil) to Dec. 2023 (円181,327 Mil).

Modec Accounts Payable & Accrued Expense Historical Data

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

Modec Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130,313.73 113,812.79 159,028.66 129,531.29 181,326.70

Modec Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 147,788.38 181,326.70 157,844.83 176,225.43 -

Modec 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.

Modec Business Description

Industry
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Traded in Other Exchanges
N/A
Address
3-10 Nihonbashi Maruzen Tokyu Building 4th & 5th Floors, 2-chome Chuo-ku, Nihonbashi, Tokyo, JPN, 100-0027
Website
http://www.modec.com/jp
Modec Inc operates as a general contractor with specialization in engineering, procurement, construction, and installation of floating production systems. It offers floating production storage and offloading vessels, floating storage and offloading vessels, tension leg platforms, semisubmersibles, and mobile offshore production units. The company also offers operation of its production systems and maintenance services across the globe. Although Modec services offshore markets worldwide, the majority of revenue is derived from Brazilian markets. Modec's vessels are designed to retrieve fluids and gases from reservoirs ranging from subsea to deepwater.

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