Sumitomo Rubber Industries (TSE:5110) Accounts Payable & Accrued Expense : 円176,784 Mil (As of Mar. 2024)

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What is Sumitomo Rubber Industries Accounts Payable & Accrued Expense?

Sumitomo Rubber Industries's quarterly accounts payable & accrued expense increased from Sep. 2023 (円187,334 Mil) to Dec. 2023 (円193,294 Mil) but then declined from Dec. 2023 (円193,294 Mil) to Mar. 2024 (円176,784 Mil).

Sumitomo Rubber Industries's annual accounts payable & accrued expense increased from Dec. 2021 (円167,203 Mil) to Dec. 2022 (円184,131 Mil) and increased from Dec. 2022 (円184,131 Mil) to Dec. 2023 (円193,294 Mil).

Sumitomo Rubber Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sumitomo Rubber Industries'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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Sumitomo Rubber Industries Accounts Payable & Accrued Expense Chart

Sumitomo Rubber Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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131,891.00

131,051.00

167,203.00

184,131.00

193,294.00

Sumitomo Rubber Industries 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															168,277.00	166,603.00	187,334.00	193,294.00	176,784.00

Sumitomo Rubber Industries 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.

Sumitomo Rubber Industries (TSE:5110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sumitomo Rubber Industries Ltd (TSE:5110) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SMTUF:USA 108:Germany

Address

3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, JPN, 651-0072

Website

http://www.srigroup.co.jp

Sumitomo Rubber Industries makes and sells rubber tires, sports equipment, and other products in three segments based on product type. The tire segment, which generates the majority of revenue, sells rubber tires for automobiles and motorcycles under the Dunlop and Falken brand names. The sports segment sells golf, tennis, and fitness equipment under the Srixon, XXIO, Cleveland, and Dunlop brand names. The industrial and other products segment sells rubber parts for printers, artificial turf for sporting use, floor coating materials, portable ramps, gloves, tubes, and valves. More revenue comes from Japan than any other region.

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