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Minebea Mitsumi (TSE:6479) Accounts Payable & Accrued Expense : 円204,523 Mil (As of Mar. 2024)


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What is Minebea Mitsumi Accounts Payable & Accrued Expense?

Minebea Mitsumi's quarterly accounts payable & accrued expense increased from Sep. 2023 (円217,396 Mil) to Dec. 2023 (円220,934 Mil) but then declined from Dec. 2023 (円220,934 Mil) to Mar. 2024 (円204,523 Mil).

Minebea Mitsumi's annual accounts payable & accrued expense declined from Mar. 2022 (円181,983 Mil) to Mar. 2023 (円179,494 Mil) but then increased from Mar. 2023 (円179,494 Mil) to Mar. 2024 (円204,523 Mil).


Minebea Mitsumi Accounts Payable & Accrued Expense Historical Data

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

Minebea Mitsumi Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146,869.00 149,362.00 181,983.00 179,494.00 204,523.00

Minebea Mitsumi 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 179,494.00 205,953.00 217,396.00 220,934.00 204,523.00

Minebea Mitsumi 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.


Minebea Mitsumi (TSE:6479) Business Description

Industry
Traded in Other Exchanges
Address
3-9-6, Mita, Minato-ku, Tokyo, JPN, 108-8330
Minebea Mitsumi Inc is an electronic components company. Its operating segments are Machined components, Electronic devices and components and MITSUMI business. The machined components segment manufactures mechanical parts including ball bearings, rod-end bearings, pivot assemblies for hard disk drive (HDD), and screws for automobiles and aircrafts. The electronic devices and components segment manufactures electronic devices (such as LED backlights and sensing devices), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors and specialized devices. And The MITSUMI business segment manufactures semiconductor devices, optical devices, mechanical parts, high-frequency components, and power supply parts.

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