Lihit Lab (TSE:7975) Accounts Payable & Accrued Expense : 円228 Mil (As of Feb. 2024)

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What is Lihit Lab Accounts Payable & Accrued Expense?

Lihit Lab's quarterly accounts payable & accrued expense increased from Aug. 2023 (円245 Mil) to Nov. 2023 (円278 Mil) but then declined from Nov. 2023 (円278 Mil) to Feb. 2024 (円228 Mil).

Lihit Lab's annual accounts payable & accrued expense declined from Feb. 2022 (円408 Mil) to Feb. 2023 (円200 Mil) but then increased from Feb. 2023 (円200 Mil) to Feb. 2024 (円228 Mil).

Lihit Lab Accounts Payable & Accrued Expense Historical Data

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

Lihit Lab Annual Data

Trend

Feb15

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Feb17

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Feb21

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Feb23

Feb24

Accounts Payable & Accrued Expense

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401.02

378.44

407.59

199.64

228.35

Lihit Lab Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															199.64	290.85	245.36	277.97	228.35

Lihit Lab 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.

Lihit Lab (TSE:7975) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lihit Lab Inc (TSE:7975) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

1-1-22 Farmer Bridge Chuo-ku, Osaka, JPN, 540-8526

Website

http://www.lihit-lab.com

Lihit Lab., Inc. is engaged in manufacturing and selling office supplies in Japan and internationally. Its products include files, clear books, clear cases, bag cases, and note binders; card holders, pencil cases, photo postcard albums, clip files, clipboards, and schedule files; drawing organize supplies and steel office equipment; OA and medical surprise products; and office devices.

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