Carchs Holdings Co (TSE:7602) Accounts Payable & Accrued Expense : 円335 Mil (As of Dec. 2023)

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What is Carchs Holdings Co Accounts Payable & Accrued Expense?

Carchs Holdings Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円750 Mil) to Sep. 2023 (円901 Mil) but then declined from Sep. 2023 (円901 Mil) to Dec. 2023 (円335 Mil).

Carchs Holdings Co's annual accounts payable & accrued expense declined from Mar. 2021 (円1,226 Mil) to Mar. 2022 (円958 Mil) and declined from Mar. 2022 (円958 Mil) to Mar. 2023 (円403 Mil).

Carchs Holdings Co Accounts Payable & Accrued Expense Historical Data

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

Carchs Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

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Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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625.10

487.08

1,226.09

957.86

403.02

Carchs Holdings 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															341.91	403.02	749.95	900.60	334.73

Carchs Holdings 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.

Carchs Holdings Co (TSE:7602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Carchs Holdings Co Ltd (TSE:7602) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Shin Kioicho Building 2nd Floor, 4-1 Kioi-cho, Chiyoda-ku, Tokyo, JPN, 102-8578

Website

http://www.carchs-hd.com

Carchs Holdings Co Ltd is a Japan-based company. The company is involved in the business of buying and selling of used cars nationwide. It is also engaged in the sale of automobile related insurances, distribution of automobiles, management of subsidiary.

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