Nidec (FRA:NIB) Accounts Payable : €3,242 Mil (As of Mar. 2024)

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What is Nidec Accounts Payable?

Nidec's Accounts Payable for the quarter that ended in Mar. 2024 was €3,242 Mil.

Nidec's quarterly Accounts Payable declined from Sep. 2023 (€3,360 Mil) to Dec. 2023 (€3,244 Mil) and declined from Dec. 2023 (€3,244 Mil) to Mar. 2024 (€3,242 Mil).

Nidec's annual Accounts Payable declined from Mar. 2022 (€4,029 Mil) to Mar. 2023 (€3,450 Mil) and declined from Mar. 2023 (€3,450 Mil) to Mar. 2024 (€3,242 Mil).

Nidec Accounts Payable Historical Data

The historical data trend for Nidec's Accounts Payable 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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Nidec Accounts Payable Chart

Nidec Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable

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2,901.53

3,093.47

4,028.64

3,450.38

3,242.03

Nidec Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable	Get a 7-Day Free Trial															3,450.38	3,488.19	3,359.94	3,244.26	3,242.03

Nidec Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Nidec Accounts Payable Related Terms

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Nidec (FRA:NIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nidec Corp (FRA:NIB) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

NNDNF:USA NJDCY:USA NIDEC:Mexico 6594:Japan NIB:Germany NIB:Austria

Address

338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205

Website

http://www.nidec.com

Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations. Nidec sets an ambitious target to increase its revenue to JPY 3 trillion in fiscal 2025 from JPY 1.9 trillion in fiscal 2021.