Altech Co (TSE:9972) Accounts Payable & Accrued Expense : 円1,261 Mil (As of Feb. 2024)

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What is Altech Co Accounts Payable & Accrued Expense?

Altech Co's quarterly accounts payable & accrued expense declined from Aug. 2023 (円1,526 Mil) to Nov. 2023 (円1,366 Mil) and declined from Nov. 2023 (円1,366 Mil) to Feb. 2024 (円1,261 Mil).

Altech Co's annual accounts payable & accrued expense increased from Nov. 2021 (円1,250 Mil) to Nov. 2022 (円1,378 Mil) but then declined from Nov. 2022 (円1,378 Mil) to Nov. 2023 (円1,366 Mil).

Altech Co Accounts Payable & Accrued Expense Historical Data

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

Altech Co Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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872.19

1,143.90

1,250.09

1,378.25

1,366.44

Altech Co 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															1,143.79	1,617.28	1,526.26	1,366.44	1,260.85

Altech 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.

Altech Co (TSE:9972) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Altech Co Ltd (TSE:9972) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Sumitomo Irifune Bldg, 2nd Floor, 1-1 Irifune 2-chome, Chuo-ku, Tokyo, JPN, 104-0042

Website

http://www.altech.co.jp

Altech Co Ltd is engaged in purchase and sale of industrial machinery and equipments and related services, manufacture and sale of plastic molded products.The company has two reported segments Wholesale business and Preform business. Wholesale business purchases and sells industrial machinery and equipments and provides related services. Preform business manufactures and sells performs for PET bottles, plastic caps and provides related services.

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