Mirai Industry Co (TSE:7931) Accounts Payable & Accrued Expense : 円4,201 Mil (As of Sep. 2024)

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What is Mirai Industry Co Accounts Payable & Accrued Expense?

Mirai Industry Co's quarterly accounts payable & accrued expense declined from Mar. 2024 (円4,474 Mil) to Jun. 2024 (円3,221 Mil) but then increased from Jun. 2024 (円3,221 Mil) to Sep. 2024 (円4,201 Mil).

Mirai Industry Co's annual accounts payable & accrued expense increased from Mar. 2022 (円3,492 Mil) to Mar. 2023 (円3,991 Mil) and increased from Mar. 2023 (円3,991 Mil) to Mar. 2024 (円4,474 Mil).

Mirai Industry Co Accounts Payable & Accrued Expense Historical Data

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

Mirai Industry Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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3,920.00

3,188.00

3,492.00

3,991.00

4,474.00

Mirai Industry Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,253.00	4,103.00	4,474.00	3,221.00	4,201.00

Mirai 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.

Mirai Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mirai Industry Co Ltd (TSE:7931) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

1695-1 Niremata, Wanouchi-cho, Anpachi-gun, Gifu, JPN, 503-0295

Website

http://www.mirai.co.jp

Mirai Industry Co Ltd is engaged in the manufacture and sale of electric facility materials, plumbing and drainage equipment, and gas facility materials.

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