THK Co (TSE:6481) Accounts Payable & Accrued Expense : 円41,730 Mil (As of Dec. 2023)

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What is THK Co Accounts Payable & Accrued Expense?

THK Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (円49,545 Mil) to Sep. 2023 (円43,464 Mil) and declined from Sep. 2023 (円43,464 Mil) to Dec. 2023 (円41,730 Mil).

THK Co's annual accounts payable & accrued expense increased from Dec. 2021 (円57,948 Mil) to Dec. 2022 (円58,800 Mil) but then declined from Dec. 2022 (円58,800 Mil) to Dec. 2023 (円41,730 Mil).

THK Co Accounts Payable & Accrued Expense Historical Data

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

THK Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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43,534.00

41,294.00

57,948.00

58,800.00

41,730.00

THK 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															58,800.00	50,810.00	49,545.00	43,464.00	41,730.00

THK 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.

THK Co (TSE:6481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » THK Co Ltd (TSE:6481) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

THKLY:USA 1TK:Germany

Address

3-11-6, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8503

Website

http://www.thk.com

THK Co Ltd is a Japan-based company that primarily manufactures machinery parts, including linear motion guides and ball screws, and transportation-equipment-related parts. The company operates through two segments. The industrial machinery segment provides products that are essential components in the production of machine tools and semiconductor production equipment. This segment also manufactures and sells electric actuators and unit products. The automotive and transportation segment develops and provides automotive components that support vehicles' basic functions. The company generates the majority of its revenue from the Japanese domestic market.

THK Co (TSE:6481) Headlines

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