Mitsui High-tec (TSE:6966) Accounts Payable & Accrued Expense : 円23,983 Mil (As of Jan. 2024)

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What is Mitsui High-tec Accounts Payable & Accrued Expense?

Mitsui High-tec's quarterly accounts payable & accrued expense increased from Jul. 2023 (円23,417 Mil) to Oct. 2023 (円23,991 Mil) but then declined from Oct. 2023 (円23,991 Mil) to Jan. 2024 (円23,983 Mil).

Mitsui High-tec's annual accounts payable & accrued expense increased from Jan. 2022 (円16,901 Mil) to Jan. 2023 (円20,445 Mil) and increased from Jan. 2023 (円20,445 Mil) to Jan. 2024 (円23,983 Mil).

Mitsui High-tec Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mitsui High-tec'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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Mitsui High-tec Accounts Payable & Accrued Expense Chart

Mitsui High-tec Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Accounts Payable & Accrued Expense

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6,163.00

8,319.00

16,901.00

20,445.00

23,983.00

Mitsui High-tec Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															20,445.00	17,443.00	23,417.00	23,991.00	23,983.00

Mitsui High-tec 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.

Mitsui High-tec (TSE:6966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Mitsui High-tec Inc (TSE:6966) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

6966:Japan

Address

2-10-1,Komine, Yahatanishi-ku, Kitakyushu, JPN, 807-8588

Website

http://www.mitsui-high-tec.com

Mitsui High-tec Inc manufactures and sells lead frame, motor core, precision tooling and machine tools in Japan. Its precision tooling/precision parts products include motor core dies, lead frame dies, mold dies, trim and form dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, and resin injection molding. It also provides open lead frames for semiconductor packages; and motor parts.

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