GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Daiwa Securities Group Inc (TSE:8601) » Definitions » Accounts Payable & Accrued Expense

Daiwa Securities Group (TSE:8601) Accounts Payable & Accrued Expense : 円31,016 Mil (As of Dec. 2023)


View and export this data going back to 1961. Start your Free Trial

What is Daiwa Securities Group Accounts Payable & Accrued Expense?

Daiwa Securities Group's quarterly accounts payable & accrued expense increased from Jun. 2023 (円19,764 Mil) to Sep. 2023 (円32,064 Mil) but then declined from Sep. 2023 (円32,064 Mil) to Dec. 2023 (円31,016 Mil).

Daiwa Securities Group's annual accounts payable & accrued expense increased from Mar. 2022 (円15,010 Mil) to Mar. 2023 (円18,795 Mil) and increased from Mar. 2023 (円18,795 Mil) to Mar. 2024 (円51,423 Mil).


Daiwa Securities Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Daiwa Securities Group'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.

* Premium members only.

Daiwa Securities Group Accounts Payable & Accrued Expense Chart

Daiwa Securities Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,341.00 23,344.00 15,010.00 18,795.00 51,423.00

Daiwa Securities Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18,795.00 19,764.00 32,064.00 31,016.00 51,423.00

Daiwa Securities Group 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.


Daiwa Securities Group (TSE:8601) Business Description

Address
GranTokyo North Tower, 9-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-6751
Together with industry leader Nomura, Daiwa Securities is one of two large independent securities firms in Japan. Like Nomura, it competes with brokerage units of the megabanks and smaller independent firms in Japan, but unlike Nomura it does not have aspiration to compete globally with the major U.S. and European investment banks and focuses on Japan-related business only. Daiwa moved its global wholesale business to a joint venture with Sumitomo Bank in 1999, but the venture met only mixed success and Daiwa ultimately bought out Sumitomo Mitsui Financial Group's 40% interest in the venture in 2009 after SMFG opportunistically purchased Nikko Securities (now SMBC Nikko, a rival of Daiwa) from Citigroup.

Daiwa Securities Group (TSE:8601) Headlines

No Headlines