Optimus Group Co (TSE:9268) Accounts Payable & Accrued Expense : 円2,610 Mil (As of Dec. 2023)

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What is Optimus Group Co Accounts Payable & Accrued Expense?

Optimus Group Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円1,141 Mil) to Sep. 2023 (円1,593 Mil) and increased from Sep. 2023 (円1,593 Mil) to Dec. 2023 (円2,610 Mil).

Optimus Group Co's annual accounts payable & accrued expense declined from Mar. 2022 (円1,377 Mil) to Mar. 2023 (円1,070 Mil) but then increased from Mar. 2023 (円1,070 Mil) to Mar. 2024 (円3,762 Mil).

Optimus Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Optimus Group 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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Optimus Group Co Accounts Payable & Accrued Expense Chart

Optimus Group Co Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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431.12

674.55

1,377.02

1,069.97

3,762.00

Optimus Group Co 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															1,069.97	1,141.08	1,592.72	2,610.16	3,762.00

Optimus Group 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.

Optimus Group Co (TSE:9268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Optimus Group Co Ltd (TSE:9268) » Definitions » Accounts Payable & Accrued Expense

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OPTGF:USA

Address

3-14-4 Shiba, Minato-ku, Tokyo, JPN, 105-0014

Website

https://www.optimusgroup.co.jp

Optimus Group Co Ltd is a Japan-based company, engages in the automotive dealership business. It operates through the following business divisions: Trading, distribution, financial service, and Inspection. The Trading division is engaged in the purchase and sales of used cars. The Logistics division is engaged in the provision of logistics services. The Services division is engaged in the provision of services to the dealers in New Zealand and general customers. The Inspection divisions are engaged in the inspection business related to the export of used cars.

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