Orient (TSE:8585) Accounts Payable & Accrued Expense : 円1,021,095 Mil (As of Dec. 2023)

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What is Orient Accounts Payable & Accrued Expense?

Orient's quarterly accounts payable & accrued expense declined from Jun. 2023 (円1,371,224 Mil) to Sep. 2023 (円1,043,218 Mil) and declined from Sep. 2023 (円1,043,218 Mil) to Dec. 2023 (円1,021,095 Mil).

Orient's annual accounts payable & accrued expense declined from Mar. 2022 (円1,417,840 Mil) to Mar. 2023 (円1,383,072 Mil) and declined from Mar. 2023 (円1,383,072 Mil) to Mar. 2024 (円190,018 Mil).

Orient Accounts Payable & Accrued Expense Historical Data

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

Orient Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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3,323,747.00

1,459,194.00

1,417,840.00

1,383,072.00

190,018.00

Orient Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,383,072.00	1,371,224.00	1,043,218.00	1,021,095.00	190,018.00

Orient 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.

Orient (TSE:8585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Orient Corp (TSE:8585) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

1 at 2-chome, Tokyo, JPN

Website

http://www.orico.co.jp

Orient Corp or Orico is a consumer finance company. The company provides installment credit services, credit cards and direct cash loan services, and bank loan guarantee services through a network of branches and member merchants spread throughout Japan. The company's strategy focuses on growing its installment credit business and forming joint ventures outside of Japan. The company's largest sources of revenue include both auto loans and bank loan guarantees. Its largest portion of earning assets is guaranteed loan receivables.

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