Mitsubishi Electric (Mitsubishi Electric) Accounts Payable & Accrued Expense : $4,081 Mil (As of Dec. 2023)

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What is Mitsubishi Electric Accounts Payable & Accrued Expense?

Mitsubishi Electric's quarterly accounts payable & accrued expense declined from Jun. 2023 ($4,565 Mil) to Sep. 2023 ($4,170 Mil) and declined from Sep. 2023 ($4,170 Mil) to Dec. 2023 ($4,081 Mil).

Mitsubishi Electric's annual accounts payable & accrued expense increased from Mar. 2021 ($5,269 Mil) to Mar. 2022 ($5,357 Mil) but then declined from Mar. 2022 ($5,357 Mil) to Mar. 2023 ($5,170 Mil).

Mitsubishi Electric Accounts Payable & Accrued Expense Historical Data

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

Mitsubishi Electric Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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5,253.88

5,095.72

5,268.98

5,356.68

5,170.21

Mitsubishi Electric 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															4,700.74	5,170.21	4,564.58	4,169.55	4,080.94

Mitsubishi Electric 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.

Mitsubishi Electric (Mitsubishi Electric) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mitsubishi Electric Corp (OTCPK:MIELY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MIELF:USA 6503:Japan MIE1:Germany

Address

Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310

Website

https://www.mitsubishielectric.com

Mitsubishi Electric is a general electric diversified industrials company that develops, manufactures and sells electrical equipment worldwide. The company's core segments include: industrial automation systems, energy and electric systems, electric devices, information and communication systems, and home appliances (which includes commercial air conditioning). Mitsubishi Electric was founded in 1921 and is headquartered in Tokyo.