Mitsubishi Materials (TSE:5711) Accounts Payable & Accrued Expense : 円87,510 Mil (As of Dec. 2023)

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What is Mitsubishi Materials Accounts Payable & Accrued Expense?

Mitsubishi Materials's quarterly accounts payable & accrued expense increased from Jun. 2023 (円75,640 Mil) to Sep. 2023 (円90,573 Mil) but then declined from Sep. 2023 (円90,573 Mil) to Dec. 2023 (円87,510 Mil).

Mitsubishi Materials's annual accounts payable & accrued expense declined from Mar. 2022 (円171,057 Mil) to Mar. 2023 (円89,849 Mil) but then increased from Mar. 2023 (円89,849 Mil) to Mar. 2024 (円100,388 Mil).

Mitsubishi Materials Accounts Payable & Accrued Expense Historical Data

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

Mitsubishi Materials Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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123,369.00

160,384.00

171,057.00

89,849.00

100,388.00

Mitsubishi Materials 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															89,849.00	75,640.00	90,573.00	87,510.00	100,388.00

Mitsubishi Materials 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.

Mitsubishi Materials (TSE:5711) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mitsubishi Materials Corp (TSE:5711) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MUJ:Germany

Address

3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8117

Website

http://www.mmc.co.jp/corporate/ja/index.html

Mitsubishi Materials Corp has operations across thirty countries and multiple divisions, including cement, metals, advanced materials and tools, electronic materials and components, and aluminum. The metals division, which accounts for roughly half of group revenue, is engaged in copper mine development, smelting, and processing, along with the production and sales of precious metals. The cement business is the group's second- largest division, engaged in the production and sale of Portland cement, ready-mixed concrete, and other cement-related products. The aluminum division manufactures aluminum beverage cans, rolled aluminum products, and processed products.

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