NITCHITSU Co (TSE:7021) Accounts Payable & Accrued Expense : 円684 Mil (As of Sep. 2024)

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What is NITCHITSU Co Accounts Payable & Accrued Expense?

NITCHITSU Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (円648 Mil) to Mar. 2024 (円664 Mil) and increased from Mar. 2024 (円664 Mil) to Sep. 2024 (円684 Mil).

NITCHITSU Co's annual accounts payable & accrued expense declined from Mar. 2022 (円661 Mil) to Mar. 2023 (円621 Mil) but then increased from Mar. 2023 (円621 Mil) to Mar. 2024 (円664 Mil).

NITCHITSU Co Accounts Payable & Accrued Expense Historical Data

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

NITCHITSU Co Annual Data

Trend

Mar15

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Mar19

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Mar21

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Mar24

Accounts Payable & Accrued Expense

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722.99

665.34

661.08

621.42

664.30

NITCHITSU Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															589.64	635.02	647.70	664.30	683.75

NITCHITSU 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.

NITCHITSU Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NITCHITSU Co Ltd (TSE:7021) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

1-11-30 Akasaka, Minato-ku, Tokyo, JPN, 107-0052

Website

http://www.nitchitsu.co.jp

NITCHITSU Co Ltd is a diversified industrial machinery manufacturing company. It is organized into four business units - Machinery related business, Resource related business, Real estate-related business, and Material related business. The Machinery related business manufactures and sells air preheaters and their elements, marine equipment and industrial equipment. The Resource business is engaged in the mining, processing and selling of crystalline limestone. The Real estate-related business is engaged in property leasing activities. The Material division manufactures and sells heat-resistant paints and purchases, processes and sell of linatex.

NITCHITSU Co Headlines

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