Nichias (TSE:5393) Accounts Payable & Accrued Expense : 円33,436 Mil (As of Mar. 2024)

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What is Nichias Accounts Payable & Accrued Expense?

Nichias's quarterly accounts payable & accrued expense declined from Sep. 2023 (円33,315 Mil) to Dec. 2023 (円31,936 Mil) but then increased from Dec. 2023 (円31,936 Mil) to Mar. 2024 (円33,436 Mil).

Nichias's annual accounts payable & accrued expense increased from Mar. 2022 (円34,676 Mil) to Mar. 2023 (円34,704 Mil) but then declined from Mar. 2023 (円34,704 Mil) to Mar. 2024 (円33,436 Mil).

Nichias Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nichias'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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Nichias Accounts Payable & Accrued Expense Chart

Nichias Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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27,454.00

27,821.00

34,676.00

34,704.00

33,436.00

Nichias 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															34,704.00	29,982.00	33,315.00	31,936.00	33,436.00

Nichias 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.

Nichias (TSE:5393) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nichias Corp (TSE:5393) » Definitions » Accounts Payable & Accrued Expense

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NICFF:USA

Address

6-1, Hatchobori 1-chome, Chuo-ku, Tokyo, JPN, 104-8555

Website

http://www.nichias.co.jp

Nichias Corp is engaged in five businesses, each contributing between roughly 10% and 30% of the company's total revenue. Energy and Industrial Plants, the largest business by sales, provides engineering services and products to energy plant customers that have construction and maintenance needs. Industrial Products provides a wide range of products to the infrastructure industry. Autoparts provides heat-proofing and sound-proofing products to automobile and automobile parts manufacturers. Building Materials supplies and installs fireproof building materials for residences and buildings. Advanced Products, the smallest business, provides components and materials for semiconductors to electronics-related industries. Nearly all the company's sales are in Asia, with more than 80% from Japan.

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