NHK Spring Co (TSE:5991) Accounts Payable & Accrued Expense : 円98,671 Mil (As of Dec. 2023)

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What is NHK Spring Co Accounts Payable & Accrued Expense?

NHK Spring Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円98,332 Mil) to Sep. 2023 (円98,929 Mil) but then declined from Sep. 2023 (円98,929 Mil) to Dec. 2023 (円98,671 Mil).

NHK Spring Co's annual accounts payable & accrued expense increased from Mar. 2022 (円92,679 Mil) to Mar. 2023 (円95,925 Mil) and increased from Mar. 2023 (円95,925 Mil) to Mar. 2024 (円109,328 Mil).

NHK Spring Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for NHK Spring 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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NHK Spring Co Accounts Payable & Accrued Expense Chart

NHK Spring Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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82,037.00

84,257.00

92,679.00

95,925.00

109,328.00

NHK Spring 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															95,925.00	98,332.00	98,929.00	98,671.00	109,328.00

NHK Spring 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.

NHK Spring Co (TSE:5991) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NHK Spring Co Ltd (TSE:5991) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

NHK:Germany

Address

3-10 Fukuura, Kanazawa-ku, Yokohama, JPN, 236-0004

Website

http://www.nhkspg.co.jp

NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company also produces leaf springs, coil springs, stabilizer bars, torsion bars, gas springs, automobile seats and seating components, hard disk drives suspensions and mechanical components, LCD/semiconductor testing probe units, and industrial machinery and equipment parts. The automotive suspension springs and precision springs segments and automotive seating segment generate the majority of NHK Spring's revenue. Geographically, Japan is the largest end market followed by other Asian countries and North America.

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