OPEN Group (TSE:6572) Accounts Payable & Accrued Expense : 円1,712 Mil (As of Aug. 2024)

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What is OPEN Group Accounts Payable & Accrued Expense?

OPEN Group's quarterly accounts payable & accrued expense declined from Feb. 2024 (円2,312 Mil) to May. 2024 (円2,212 Mil) and declined from May. 2024 (円2,212 Mil) to Aug. 2024 (円1,712 Mil).

OPEN Group's annual accounts payable & accrued expense increased from Feb. 2022 (円1,721 Mil) to Feb. 2023 (円2,267 Mil) and increased from Feb. 2023 (円2,267 Mil) to Feb. 2024 (円2,312 Mil).

OPEN Group Accounts Payable & Accrued Expense Historical Data

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

OPEN Group Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Accounts Payable & Accrued Expense

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1,104.91

1,444.05

1,721.44

2,266.71

2,311.90

OPEN Group Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,668.24	1,731.06	2,311.90	2,211.62	1,711.98

OPEN Group 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.

OPEN Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OPEN Group Inc (TSE:6572) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

23-1 Toranomon, Minato-ku, Tokyo, JPN, 107-6013

Website

https://www.open-group.co.jp

OPEN Group Inc operates as a holding company, which provides Information processing services and consulting using RPA and AI development and promotion of new businesses using BizRobo Digital agency business.

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