Nissin Foods Holdings Co (TSE:2897) Accounts Payable & Accrued Expense : 円163,357 Mil (As of Dec. 2023)

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What is Nissin Foods Holdings Co Accounts Payable & Accrued Expense?

Nissin Foods Holdings Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円134,346 Mil) to Sep. 2023 (円156,332 Mil) and increased from Sep. 2023 (円156,332 Mil) to Dec. 2023 (円163,357 Mil).

Nissin Foods Holdings Co's annual accounts payable & accrued expense increased from Mar. 2022 (円128,760 Mil) to Mar. 2023 (円144,820 Mil) and increased from Mar. 2023 (円144,820 Mil) to Mar. 2024 (円169,272 Mil).

Nissin Foods Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nissin Foods Holdings 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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Nissin Foods Holdings Co Accounts Payable & Accrued Expense Chart

Nissin Foods Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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111,109.00

127,325.00

128,760.00

144,820.00

169,272.00

Nissin Foods Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															144,820.00	134,346.00	156,332.00	163,357.00	169,272.00

Nissin Foods Holdings 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.

Nissin Foods Holdings Co (TSE:2897) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissin Foods Holdings Co Ltd (TSE:2897) » Definitions » Accounts Payable & Accrued Expense

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Address

1-1, 4-chome, Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-8524

Website

https://www.nissin.com/en_jp

Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.

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