Kyokuto Securities Co (TSE:8706) Accounts Payable & Accrued Expense : 円972 Mil (As of Dec. 2023)

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What is Kyokuto Securities Co Accounts Payable & Accrued Expense?

Kyokuto Securities Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円380 Mil) to Sep. 2023 (円1,051 Mil) but then declined from Sep. 2023 (円1,051 Mil) to Dec. 2023 (円972 Mil).

Kyokuto Securities Co's annual accounts payable & accrued expense declined from Mar. 2021 (円1,608 Mil) to Mar. 2022 (円856 Mil) and declined from Mar. 2022 (円856 Mil) to Mar. 2023 (円545 Mil).

Kyokuto Securities Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kyokuto Securities Co'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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Kyokuto Securities Co Accounts Payable & Accrued Expense Chart

Kyokuto Securities Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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536.00

2,088.00

1,608.00

856.00

545.00

Kyokuto Securities Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															12.00	545.00	380.00	1,051.00	972.00

Kyokuto Securities Co 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.

Kyokuto Securities Co (TSE:8706) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kyokuto Securities Co Ltd (TSE:8706) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Kayabacho 1-4-7 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0025

Website

http://www.kyokuto-sec.co.jp

Kyokuto Securities Co Ltd is a financial services company whose activities include dealing, brokerage, underwriting, and distribution of securities. It operates its investment and financial service business in four segments Financial Products Trading Business, Real Estate Business, Investment Business and Research and Study Business. The company earns the majority of its revenue from mainly from securities business including, among other things, agency or principal trading in securities, underwriting, offering and selling of securities and provision of other securities-related services, through which the company offers a range of financial and other related services.

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