Sugimoto (TSE:9932) Accounts Payable & Accrued Expense : 円5,746 Mil (As of Dec. 2023)

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What is Sugimoto Accounts Payable & Accrued Expense?

Sugimoto's quarterly accounts payable & accrued expense declined from Jun. 2023 (円3,922 Mil) to Sep. 2023 (円3,809 Mil) but then increased from Sep. 2023 (円3,809 Mil) to Dec. 2023 (円5,746 Mil).

Sugimoto's annual accounts payable & accrued expense increased from Mar. 2021 (円4,530 Mil) to Mar. 2022 (円4,565 Mil) but then declined from Mar. 2022 (円4,565 Mil) to Mar. 2023 (円4,506 Mil).

Sugimoto Accounts Payable & Accrued Expense Historical Data

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

Sugimoto Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

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Mar23

Accounts Payable & Accrued Expense

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4,662.08

4,298.72

4,529.54

4,565.16

4,505.95

Sugimoto 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															6,039.89	4,505.95	3,921.59	3,808.66	5,745.78

Sugimoto 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.

Sugimoto (TSE:9932) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Sugimoto & Co Ltd (TSE:9932) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

5-7-27, Itachibori, Osaka, JPN, 550-8502

Website

http://www.sugi-net.co.jp

Sugimoto & Co Ltd is a Japan-based company mainly engaged in the sale of machinery and equipment. Products offered by the company include machines, measuring machines, and test machines, cutting tools and working equipment, drying tools and oil-steaming machines, power tools, guiding machines, and working tools, pipe-working equipment and OA machines. Sugimoto distributes machines in Japan and overseas markets.

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