Niraku GC Holdings (HKSE:01245) Accounts Payable & Accrued Expense : HK$26 Mil (As of Sep. 2023)

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What is Niraku GC Holdings Accounts Payable & Accrued Expense?

Niraku GC Holdings's quarterly accounts payable & accrued expense declined from Sep. 2022 (HK$39 Mil) to Mar. 2023 (HK$7 Mil) but then increased from Mar. 2023 (HK$7 Mil) to Sep. 2023 (HK$26 Mil).

Niraku GC Holdings's annual accounts payable & accrued expense declined from Mar. 2021 (HK$133 Mil) to Mar. 2022 (HK$92 Mil) and declined from Mar. 2022 (HK$92 Mil) to Mar. 2023 (HK$7 Mil).

Niraku GC Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Niraku GC Holdings'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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Niraku GC Holdings Accounts Payable & Accrued Expense Chart

Niraku GC Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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79.31

142.22

132.66

92.43

7.34

Niraku GC Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															26.35	92.43	39.28	7.34	25.73

Niraku GC Holdings 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.

Niraku GC Holdings (HKSE:01245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Niraku GC Holdings Inc (HKSE:01245) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-39 Hohaccho 1-chome, Fukushima, Koriyama-shi, JPN, 963-8811

Website

http://www.ngch.co.jp

Niraku GC Holdings Inc is an investment holding company. The firm is also engaged in operating pachinko halls. The operating segments of the company include Pachinko and Pachislot hall operations, amusement arcade operations, vending machines, hotel operations, restaurant operations in China, and Others. The company derives the majority of its revenue from the pachinko and pachislot hall business.

Executives

Densho Limited	2101 Beneficial owner
Taniguchi Hisanori	2101 Beneficial owner
Jukki Limited	2101 Beneficial owner

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