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JTEKT (TSE:6473) Accounts Payable & Accrued Expense : 円395,410 Mil (As of Mar. 2024)


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What is JTEKT Accounts Payable & Accrued Expense?

JTEKT's quarterly accounts payable & accrued expense declined from Sep. 2023 (円381,436 Mil) to Dec. 2023 (円374,030 Mil) but then increased from Dec. 2023 (円374,030 Mil) to Mar. 2024 (円395,410 Mil).

JTEKT's annual accounts payable & accrued expense increased from Mar. 2022 (円331,047 Mil) to Mar. 2023 (円350,592 Mil) and increased from Mar. 2023 (円350,592 Mil) to Mar. 2024 (円395,410 Mil).

JTEKT Accounts Payable & Accrued Expense Historical Data

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

JTEKT Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 276,940.00 292,192.00 331,047.00 350,592.00 395,410.00

JTEKT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 350,592.00 369,932.00 381,436.00 374,030.00 395,410.00

JTEKT 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.

JTEKT (TSE:6473) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » JTEKT Corp (TSE:6473) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
6JK:Germany
Address
No. 7-1, Meieki 4-chome, Nakamura-ku, 15th floor, Aichi Prefecture, Nagoya, JPN, 450-8515
Website
http://www.jtekt.co.jp
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company's largest business division by revenue produces steering systems and driveline components for automobiles and bearings to minimize energy loss used in wind generation, transportation, agriculture, and construction. The smaller machine tools and mechatronics division offers grinders, spindler and CNC machines, and production efficiency enhancement solutions. Jtekt's largest end market is Japan, while the company also generates sales in North America, Europe, and elsewhere in Asia.

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