Nippon Gear Co (TSE:6356) Accounts Payable & Accrued Expense : 円974 Mil (As of Dec. 2023)

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What is Nippon Gear Co Accounts Payable & Accrued Expense?

Nippon Gear Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円682 Mil) to Sep. 2023 (円758 Mil) and increased from Sep. 2023 (円758 Mil) to Dec. 2023 (円974 Mil).

Nippon Gear Co's annual accounts payable & accrued expense declined from Mar. 2021 (円902 Mil) to Mar. 2022 (円696 Mil) but then increased from Mar. 2022 (円696 Mil) to Mar. 2023 (円1,112 Mil).

Nippon Gear Co Accounts Payable & Accrued Expense Historical Data

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

Nippon Gear Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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1,810.73

1,481.12

902.21

696.25

1,111.92

Nippon Gear Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,460.34	1,111.92	682.09	757.93	973.93

Nippon Gear 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.

Nippon Gear Co (TSE:6356) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nippon Gear Co Ltd (TSE:6356) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

7 Kirihara-Cho, Kanagawa-Ken, Fujisawa, JPN, 252-0811

Website

http://www.nippon-gear.jp

Nippon Gear Co Ltd is engaged in the design, production, and sale of valve actuators, high-speed gear drivers, mixers, screw jacks, monitoring equipment, data communication equipment, control equipment, and software. It offers valve actuators for a range of applications in petroleum, nuclear, generating plants, and water/sewer pipelines; jacks for use in lifting/lowering, inclines, pulling, opening/closing, adjustment, and holding; gear drives for power plant, chemical plant, wastewater treatment plant, and other applications; and gears for automotive, railroad, industrial machine, and other industries.

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