AIT (TSE:9381) Accounts Payable & Accrued Expense : 円2,912 Mil (As of Feb. 2024)

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What is AIT Accounts Payable & Accrued Expense?

AIT's quarterly accounts payable & accrued expense declined from Aug. 2023 (円3,566 Mil) to Nov. 2023 (円3,557 Mil) and declined from Nov. 2023 (円3,557 Mil) to Feb. 2024 (円2,912 Mil).

AIT's annual accounts payable & accrued expense declined from Feb. 2022 (円3,824 Mil) to Feb. 2023 (円3,730 Mil) and declined from Feb. 2023 (円3,730 Mil) to Feb. 2024 (円2,912 Mil).

AIT Accounts Payable & Accrued Expense Historical Data

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

AIT Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Accounts Payable & Accrued Expense

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2,012.59

2,827.00

3,824.00

3,730.00

2,912.00

AIT Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,730.00	3,101.00	3,566.00	3,557.00	2,912.00

AIT 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.

AIT (TSE:9381) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AIT Corp (TSE:9381) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

15 Floor, Sakaisuji-Honmachi-Center Building, 2-1-6 Honmachi, Chuo-ku, Osaka, JPN, 541-0053

Website

http://www.ait-jp.com

AIT Corp is a Japan-based integrated logistics company. It is engaged in the delivery and cargo services. The services offered by the company include freight forwarding through marine, air, motor truck, railroad, and coastal transport. AIT also offers airfreight agency, customs clearance, warehousing, ship brokerage, import, and export agency, and nonlife insurance services. The company has network operations in Taiwan, Vietnam, Indonesia, Malaysia, Korea, Myanmar, Cambodia, Singapore, Philippine, Bangladesh, India, Sri Lanka, Pakistan, Australia, and Canada.

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