Kobe Steel (TSE:5406) Accounts Payable & Accrued Expense : 円586,381 Mil (As of Dec. 2023)

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What is Kobe Steel Accounts Payable & Accrued Expense?

Kobe Steel's quarterly accounts payable & accrued expense increased from Jun. 2023 (円563,080 Mil) to Sep. 2023 (円599,839 Mil) but then declined from Sep. 2023 (円599,839 Mil) to Dec. 2023 (円586,381 Mil).

Kobe Steel's annual accounts payable & accrued expense increased from Mar. 2022 (円581,640 Mil) to Mar. 2023 (円662,689 Mil) but then declined from Mar. 2023 (円662,689 Mil) to Mar. 2024 (円585,450 Mil).

Kobe Steel Accounts Payable & Accrued Expense Historical Data

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

Kobe Steel Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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457,750.00

477,361.00

581,640.00

662,689.00

585,450.00

Kobe Steel 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															662,689.00	563,080.00	599,839.00	586,381.00	585,450.00

Kobe Steel 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.

Kobe Steel (TSE:5406) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kobe Steel Ltd (TSE:5406) » Definitions » Accounts Payable & Accrued Expense

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KBSTF:USA KST:Germany

Address

2-4, Wakinohama-Kaigandori 2-chome, Chuo-ku, Kobe, Hyogo, JPN, 651-8585

Website

http://www.kobelco.co.jp

Kobe Steel Ltd is a Japan-based company that is primarily engaged in iron and steel, aluminum and copper, construction machinery, nonconstruction machinery, and engineering businesses. Its iron and steel business involves production of steel products, steel casting and forging, and manufacturing of titanium and steel powder. Its aluminum and copper segment manufactures aluminum and copper products. Its construction machinery segment develops and manufactures construction equipment. The nonconstruction machinery segment offers industrial machinery, compressors and equipment for the nuclear and other energy industries. The engineering segment provides solutions to plants, power stations, and water treatment companies. Japan and China account for the majority of the company's revenue.

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