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Sojitz (FRA:XEB) Accounts Payable & Accrued Expense : €4,127 Mil (As of Mar. 2024)


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What is Sojitz Accounts Payable & Accrued Expense?

Sojitz's quarterly accounts payable & accrued expense increased from Sep. 2023 (€4,077 Mil) to Dec. 2023 (€4,156 Mil) but then declined from Dec. 2023 (€4,156 Mil) to Mar. 2024 (€4,127 Mil).

Sojitz's annual accounts payable & accrued expense declined from Mar. 2022 (€4,326 Mil) to Mar. 2023 (€4,192 Mil) and declined from Mar. 2023 (€4,192 Mil) to Mar. 2024 (€4,127 Mil).


Sojitz Accounts Payable & Accrued Expense Historical Data

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

Sojitz Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,104.75 3,723.46 4,326.23 4,191.79 4,126.81

Sojitz 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,191.79 3,832.21 4,076.64 4,156.33 4,126.81

Sojitz 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.


Sojitz (FRA:XEB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sojitz Corp (FRA:XEB) » Definitions » Accounts Payable & Accrued Expense
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Address
1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8691
Sojitz Corp is a Japanese business conglomerate. The group operates nine business segments: automotive, aerospace and IT, energy, metals and coal, foods and agriculture, lifestyle commodities and materials, infrastructure and environment, chemicals, and retail. The largest segment by profit, chemicals, conducts trading operations in liquid chemicals such as methanol, petrochemical products such as plastics, and inorganic chemicals including rare earths and mineral-related products. The next segment contributing significantly to profits, automotive, includes a vehicle export, wholesale, assembly, and dealership business in the Association of Southeast Asian Nations region, as well as in Russia and Central and South America.

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