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Akebono Brake Industry Co (TSE:7238) Accounts Payable & Accrued Expense : 円20,212 Mil (As of Mar. 2024)


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What is Akebono Brake Industry Co Accounts Payable & Accrued Expense?

Akebono Brake Industry Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (円21,666 Mil) to Dec. 2023 (円22,377 Mil) but then declined from Dec. 2023 (円22,377 Mil) to Mar. 2024 (円20,212 Mil).

Akebono Brake Industry Co's annual accounts payable & accrued expense increased from Mar. 2022 (円18,116 Mil) to Mar. 2023 (円20,827 Mil) but then declined from Mar. 2023 (円20,827 Mil) to Mar. 2024 (円20,212 Mil).

Akebono Brake Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Akebono Brake Industry 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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Akebono Brake Industry Co Accounts Payable & Accrued Expense Chart

Akebono Brake Industry Co 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 20,974.00 17,484.00 18,116.00 20,827.00 20,212.00

Akebono Brake Industry Co 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 20,827.00 21,057.00 21,666.00 22,377.00 20,212.00

Akebono Brake Industry 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.

Akebono Brake Industry Co (TSE:7238) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Akebono Brake Industry Co Ltd (TSE:7238) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
AKBIF:USA
Address
19-5 Nihonbashi Koami-cho, Chuo-ku, Tokyo, JPN, 103-8534
Website
http://www.akebono-brake.com
Akebono Brake Industry Co Ltd engages in the manufacture and sale of brakes and its components. Its brakes are widely used in various applications, such as passenger and commercial vehicles, motorcycles, rail vehicles and industrial machinery. The firm's product portfolio consists of automobile brakes, motorcycle brakes, rolling stock brakes, industrial machinery brakes, sensors, and concept brake systems.

Akebono Brake Industry Co (TSE:7238) Headlines

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