Niitaka Co (TSE:4465) Accounts Payable & Accrued Expense : 円1,573 Mil (As of Feb. 2024)

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What is Niitaka Co Accounts Payable & Accrued Expense?

Niitaka Co's quarterly accounts payable & accrued expense increased from Aug. 2023 (円1,513 Mil) to Nov. 2023 (円1,748 Mil) but then declined from Nov. 2023 (円1,748 Mil) to Feb. 2024 (円1,573 Mil).

Niitaka Co's annual accounts payable & accrued expense declined from May. 2021 (円1,776 Mil) to May. 2022 (円1,532 Mil) but then increased from May. 2022 (円1,532 Mil) to May. 2023 (円2,570 Mil).

Niitaka Co Accounts Payable & Accrued Expense Historical Data

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

Niitaka Co Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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1,459.44

1,425.21

1,776.11

1,531.81

2,569.65

Niitaka 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															1,142.21	2,569.65	1,513.33	1,747.82	1,572.74

Niitaka 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.

Niitaka Co (TSE:4465) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Niitaka Co Ltd (TSE:4465) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

1-8-10, Niitaka, Yodogawa-ku, Osaka-shi, Osaka, JPN, 532-8560

Website

http://www.niitaka.co.jp

Niitaka Co., Ltd. is engaged in the manufacturing and selling of surfactant-related products for professional use in the food business industry. The company's product offering includes detergents, cleaners and bleach, solid fuel, food sanitation products, and an active ingredient. In addition, the company also engaged in the selling and leasing of commercial kitchen equipment and manufactures raw materials for cosmetics.

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