NEC Networks & System Integration (NEC Networks & System Integration) Accounts Payable & Accrued Expense : $385 Mil (As of Mar. 2024)

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What is NEC Networks & System Integration Accounts Payable & Accrued Expense?

NEC Networks & System Integration's quarterly accounts payable & accrued expense increased from Sep. 2023 ($252 Mil) to Dec. 2023 ($257 Mil) and increased from Dec. 2023 ($257 Mil) to Mar. 2024 ($385 Mil).

NEC Networks & System Integration's annual accounts payable & accrued expense declined from Mar. 2022 ($393 Mil) to Mar. 2023 ($376 Mil) but then increased from Mar. 2023 ($376 Mil) to Mar. 2024 ($385 Mil).

NEC Networks & System Integration Accounts Payable & Accrued Expense Historical Data

The historical data trend for NEC Networks & System Integration'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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NEC Networks & System Integration Accounts Payable & Accrued Expense Chart

NEC Networks & System Integration Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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444.62

493.49

393.46

376.43

384.83

NEC Networks & System Integration 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															376.43	232.80	252.28	257.01	384.83

NEC Networks & System Integration 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.

NEC Networks & System Integration (NEC Networks & System Integration) Business Description

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1973:Japan

Address

2-6-1 Koraku, Bunkyo-ku, Iidabashi First Tower, Tokyo, JPN, 112-8560

Website

http://www.nesic.co.jp

NEC Networks and System Integration Corp provides a variety of information technology, or IT, services. The company also sells IT products, which include servers, video conferencing systems, network systems, security systems, and software. The firm's range of services includes office space design, cloud computing, communication, networks, security, energy conservation, public IT infrastructure, and supporting services. More revenue comes from the sale of network-related products and services than any other IT product or service. The vast majority of revenue comes from Japan.