Marumitsu Co (TSE:8256) Accounts Payable & Accrued Expense : 円195 Mil (As of Jun. 2023)

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What is Marumitsu Co Accounts Payable & Accrued Expense?

Marumitsu Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (円168 Mil) to Mar. 2023 (円250 Mil) but then declined from Mar. 2023 (円250 Mil) to Jun. 2023 (円195 Mil).

Marumitsu Co's annual accounts payable & accrued expense increased from Mar. 2021 (円370 Mil) to Mar. 2022 (円445 Mil) but then declined from Mar. 2022 (円445 Mil) to Mar. 2023 (円250 Mil).

Marumitsu Co Accounts Payable & Accrued Expense Historical Data

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

Marumitsu Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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495.47

268.33

369.73

444.80

250.16

Marumitsu Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															201.89	215.89	168.30	250.16	195.26

Marumitsu 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.

Marumitsu Co (TSE:8256) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Marumitsu Co Ltd (TSE:8256) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 5 No. 1, Chuo-ku, Osaka, JPN, 5410056

Website

http://www.proroute.co.jp

Marumitsu Co., Ltd. is engaged in the sale of various clothing, bedding products, interior products and accessories in Japan.

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