Asahi Kagaku Kogyo Co (TSE:7928) Accounts Payable & Accrued Expense : 円775 Mil (As of Feb. 2024)

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What is Asahi Kagaku Kogyo Co Accounts Payable & Accrued Expense?

Asahi Kagaku Kogyo Co's quarterly accounts payable & accrued expense increased from Aug. 2023 (円782 Mil) to Nov. 2023 (円785 Mil) but then declined from Nov. 2023 (円785 Mil) to Feb. 2024 (円775 Mil).

Asahi Kagaku Kogyo Co's annual accounts payable & accrued expense declined from Aug. 2021 (円1,212 Mil) to Aug. 2022 (円1,035 Mil) and declined from Aug. 2022 (円1,035 Mil) to Aug. 2023 (円782 Mil).

Asahi Kagaku Kogyo Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Asahi Kagaku Kogyo 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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Asahi Kagaku Kogyo Co Accounts Payable & Accrued Expense Chart

Asahi Kagaku Kogyo Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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835.12

777.43

1,212.45

1,034.85

782.00

Asahi Kagaku Kogyo Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															825.06	747.57	782.00	784.80	774.75

Asahi Kagaku Kogyo 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.

Asahi Kagaku Kogyo Co (TSE:7928) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asahi Kagaku Kogyo Co Ltd (TSE:7928) » Definitions » Accounts Payable & Accrued Expense

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Address

Anjo-shi Shioga Irucho Hiromi 133-3, Aichi, JPN, 844-1205

Website

http://www.asahikagakukogyo.co.jp

Asahi Kagaku Kogyo Co Ltd is a manufacturer of plastic parts, plastics molded products, processed goods and sets of plastics. It also provides electric tool parts, automobile parts, applied equipment, pump parts, building materials.

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