Nice (TSE:8089) Accounts Payable & Accrued Expense : 円23,597 Mil (As of Dec. 2023)

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What is Nice Accounts Payable & Accrued Expense?

Nice's quarterly accounts payable & accrued expense declined from Jun. 2023 (円22,183 Mil) to Sep. 2023 (円21,727 Mil) but then increased from Sep. 2023 (円21,727 Mil) to Dec. 2023 (円23,597 Mil).

Nice's annual accounts payable & accrued expense increased from Mar. 2021 (円22,295 Mil) to Mar. 2022 (円25,188 Mil) but then declined from Mar. 2022 (円25,188 Mil) to Mar. 2023 (円22,855 Mil).

Nice Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nice'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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Nice Accounts Payable & Accrued Expense Chart

Nice Annual Data

Trend

Mar14

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Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

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Mar23

Accounts Payable & Accrued Expense

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37,621.00

34,936.00

22,295.00

25,188.00

22,855.00

Nice 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															23,062.00	22,855.00	22,183.00	21,727.00	23,597.00

Nice 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.

Nice (TSE:8089) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Nice Corp (TSE:8089) » Definitions » Accounts Payable & Accrued Expense

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Address

4-33-1, Tsurumichuo, Tsurumi-ku, Kanagawa Nice Building 8th Floor, Yokohama, JPN, 230-8571

Website

https://www.nice.co.jp

Nice Corp is engaged in the business related to housing. Principally, it is involved in the supply and sale of timber and construction materials and promotion of wooden buildings. The company offers timber products, structural frames, construction materials, housing equipment, and imported home products for material and furniture companies. Additionally, it is also into real estate agency business.

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