NEC (NIPNF) Accounts Payable & Accrued Expense : $3,359 Mil (As of Dec. 2023)

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What is NEC Accounts Payable & Accrued Expense?

NEC's quarterly accounts payable & accrued expense declined from Jun. 2023 ($3,363 Mil) to Sep. 2023 ($3,245 Mil) but then increased from Sep. 2023 ($3,245 Mil) to Dec. 2023 ($3,359 Mil).

NEC's annual accounts payable & accrued expense declined from Mar. 2021 ($4,561 Mil) to Mar. 2022 ($3,915 Mil) and declined from Mar. 2022 ($3,915 Mil) to Mar. 2023 ($3,880 Mil).

NEC Accounts Payable & Accrued Expense Historical Data

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

NEC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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4,416.71

4,397.85

4,561.08

3,914.67

3,879.69

NEC 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															3,204.22	3,879.69	3,362.73	3,244.79	3,358.76

NEC 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.

NEC (NIPNF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NEC Corp (OTCPK:NIPNF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

6701:Japan NEC1:Germany

Address

7-1, Shiba 5-chome, Minato-ku, Tokyo, JPN, 108-8001

Website

https://www.nec.com

NEC Corp is a leading Japanese technology firm. It manufactures PCs, computer platforms, semiconductors, and display panels; builds broadband and mobile communication networks; and provides systems-integration services. The firm's research and development has funded accomplishments such as breakthroughs in quantum computing and PDA speech-translation software.