Verite Co (TSE:9904) Accounts Payable & Accrued Expense : 円1,203 Mil (As of Dec. 2023)

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What is Verite Co Accounts Payable & Accrued Expense?

Verite Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円1,099 Mil) to Sep. 2023 (円1,157 Mil) and increased from Sep. 2023 (円1,157 Mil) to Dec. 2023 (円1,203 Mil).

Verite Co's annual accounts payable & accrued expense increased from Mar. 2021 (円1,162 Mil) to Mar. 2022 (円1,346 Mil) and increased from Mar. 2022 (円1,346 Mil) to Mar. 2023 (円1,540 Mil).

Verite Co Accounts Payable & Accrued Expense Historical Data

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

Verite Co Annual Data

Trend

Mar14

Mar15

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Mar18

Mar19

Mar20

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Mar23

Accounts Payable & Accrued Expense

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1,499.00

1,191.00

1,162.00

1,346.00

1,540.00

Verite Co 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															1,410.00	1,540.00	1,099.00	1,157.00	1,203.00

Verite 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.

Verite Co (TSE:9904) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Verite Co Ltd (TSE:9904) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Tsuruya-machi 3 - chome 33 - 8, Yokohama-shi Kanagawa-ku, Kanagawa, JPN, 221-8705

Website

http://www.verite.jp

Verite Co Ltd is engaged in operating jewellery specialty retail chain. The company is engaged in manufacture and sale of precious metal, clock, and fashion goods. The firm offers customer service and after sales service which include repair, processing, and renovation.

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