GDEP Advance (TSE:5885) Accounts Payable & Accrued Expense : 円377 Mil (As of Feb. 2024)

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What is GDEP Advance Accounts Payable & Accrued Expense?

GDEP Advance's quarterly accounts payable & accrued expense increased from Aug. 2023 (円171 Mil) to Nov. 2023 (円390 Mil) but then declined from Nov. 2023 (円390 Mil) to Feb. 2024 (円377 Mil).

GDEP Advance's annual accounts payable & accrued expense declined from May. 2021 (円253 Mil) to May. 2022 (円211 Mil) but then increased from May. 2022 (円211 Mil) to May. 2023 (円343 Mil).

GDEP Advance Accounts Payable & Accrued Expense Historical Data

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

GDEP Advance Annual Data

Trend

May21

May22

May23

Accounts Payable & Accrued Expense

253.48

211.16

342.54

GDEP Advance Quarterly Data
	May21	May22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			86.20	342.54	171.43	390.11	376.94

GDEP Advance 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.

GDEP Advance (TSE:5885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GDEP Advance Inc (TSE:5885) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803

Website

https://info.gdep.co.jp

GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

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