NEC Capital Solutions (TSE:8793) Accounts Payable & Accrued Expense : 円16,214 Mil (As of Dec. 2023)

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What is NEC Capital Solutions Accounts Payable & Accrued Expense?

NEC Capital Solutions's quarterly accounts payable & accrued expense increased from Jun. 2023 (円5,506 Mil) to Sep. 2023 (円11,816 Mil) and increased from Sep. 2023 (円11,816 Mil) to Dec. 2023 (円16,214 Mil).

NEC Capital Solutions's annual accounts payable & accrued expense declined from Mar. 2021 (円29,628 Mil) to Mar. 2022 (円16,865 Mil) but then increased from Mar. 2022 (円16,865 Mil) to Mar. 2023 (円18,771 Mil).

NEC Capital Solutions Accounts Payable & Accrued Expense Historical Data

The historical data trend for NEC Capital Solutions'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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NEC Capital Solutions Accounts Payable & Accrued Expense Chart

NEC Capital Solutions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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26,202.00

21,910.00

29,628.00

16,865.00

18,771.00

NEC Capital Solutions 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															19,132.00	18,771.00	5,506.00	11,816.00	16,214.00

NEC Capital Solutions 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.

NEC Capital Solutions (TSE:8793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » NEC Capital Solutions Ltd (TSE:8793) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

29-11 Shiba 5-chome, Minato-ku, Tokyo, JPN

Website

http://www.necap.co.jp

NEC Capital Solutions Ltd is a Japan-based company engaged in the provision of financial services. It operates through four segments. The company's Leasing and installment segment are involved in the purchase and sale of processing equipment, communications equipment, office equipment, and industrial machinery. Its Finance segment consists of factoring and loans and other business. The RISA segment provides investment advice, fund business, and others. Its other business comprises of the sale of secondhand products, as well as the collection of transaction fees.

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