TOUMEI Co (TSE:4439) Accounts Payable & Accrued Expense : 円2,780 Mil (As of Feb. 2024)

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What is TOUMEI Co Accounts Payable & Accrued Expense?

TOUMEI Co's quarterly accounts payable & accrued expense declined from Aug. 2023 (円2,885 Mil) to Nov. 2023 (円2,410 Mil) but then increased from Nov. 2023 (円2,410 Mil) to Feb. 2024 (円2,780 Mil).

TOUMEI Co's annual accounts payable & accrued expense increased from Aug. 2021 (円1,818 Mil) to Aug. 2022 (円2,033 Mil) and increased from Aug. 2022 (円2,033 Mil) to Aug. 2023 (円2,885 Mil).

TOUMEI Co Accounts Payable & Accrued Expense Historical Data

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

TOUMEI Co Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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1,670.41

1,530.09

1,818.17

2,032.53

2,885.30

TOUMEI 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															2,424.67	2,489.84	2,885.30	2,410.17	2,779.72

TOUMEI 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.

TOUMEI Co (TSE:4439) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » TOUMEI Co Ltd (TSE:4439) » Definitions » Accounts Payable & Accrued Expense

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Address

2-1-39, Hatta chome, Mie Prefecture, Yokkaichi, JPN, 510-0001

Website

https://www.toumei.co.jp

TOUMEI Co Ltd is engaged in Office light 119 business, Office solution business, and Financial Planning Business. The company's services include provision of fiber-optic services and ancillary services, sales of information and communications equipment and environmental products, and provision of web services. It also offers insurance brokerage services.

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