Mitachi Co (TSE:3321) Accounts Payable & Accrued Expense : 円4,103 Mil (As of Feb. 2024)

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What is Mitachi Co Accounts Payable & Accrued Expense?

Mitachi Co's quarterly accounts payable & accrued expense declined from Aug. 2023 (円3,847 Mil) to Nov. 2023 (円3,546 Mil) but then increased from Nov. 2023 (円3,546 Mil) to Feb. 2024 (円4,103 Mil).

Mitachi Co's annual accounts payable & accrued expense increased from May. 2021 (円3,956 Mil) to May. 2022 (円4,428 Mil) but then declined from May. 2022 (円4,428 Mil) to May. 2023 (円3,389 Mil).

Mitachi Co Accounts Payable & Accrued Expense Historical Data

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

Mitachi Co Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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3,577.24

2,393.77

3,955.65

4,428.08

3,388.87

Mitachi 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															4,154.81	3,388.87	3,847.00	3,546.08	4,102.87

Mitachi 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.

Mitachi Co (TSE:3321) Business Description

Industry

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Traded in Other Exchanges

3321:Japan

Address

2-11-28, Iseyama, Naka-ku,, Nagoya-shi, Aichi, JPN, 460-0026

Website

http://www.mitachi.co.jp

Mitachi Co Ltd is engaged in the sale of electronics devices such as semiconductor, LCD, as well as electronics components, and motors for various electronics industries such as car electronics, amusement, industrial equipment, consumer equipment, communication equipment, and so on. It offers various products such as universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards.

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