Fast Retailing Co (TSE:9983) Accounts Payable & Accrued Expense : 円378,955 Mil (As of Feb. 2024)

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What is Fast Retailing Co Accounts Payable & Accrued Expense?

Fast Retailing Co's quarterly accounts payable & accrued expense increased from Aug. 2023 (円404,329 Mil) to Nov. 2023 (円456,039 Mil) but then declined from Nov. 2023 (円456,039 Mil) to Feb. 2024 (円378,955 Mil).

Fast Retailing Co's annual accounts payable & accrued expense increased from Aug. 2021 (円258,663 Mil) to Aug. 2022 (円427,456 Mil) but then declined from Aug. 2022 (円427,456 Mil) to Aug. 2023 (円404,329 Mil).

Fast Retailing Co Accounts Payable & Accrued Expense Historical Data

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

Fast Retailing Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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219,220.00

233,349.00

258,663.00

427,456.00

404,329.00

Fast Retailing 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															294,197.00	300,864.00	404,329.00	456,039.00	378,955.00

Fast Retailing 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.

Fast Retailing Co (TSE:9983) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fast Retailing Co Ltd (TSE:9983) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

FRCOY:USA FRCOF:USA 06288:Hong Kong FR7H:Germany

Address

10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894

Website

https://www.fastretailing.com

Fast Retailing Co Ltd is Japan's apparel company, operating the casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. The business is founded on a private-label apparel model whereby Fast Retailing is in charge of product design, production, and sales. Fast Retailing is ranked the third-largest apparel company by sales globally, it runs 3,630 stores globally, including 813 and 1,439 Uniqlo stores in Japan and overseas, respectively. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, Princesse Tam Tam (French lingerie), and J Brand (premium denim).

Fast Retailing Co (TSE:9983) Headlines

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