Sumitomo Forestry Co (Sumitomo Forestry Co) Accounts Payable & Accrued Expense : $1,486 Mil (As of Mar. 2024)

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What is Sumitomo Forestry Co Accounts Payable & Accrued Expense?

Sumitomo Forestry Co's quarterly accounts payable & accrued expense increased from Sep. 2023 ($1,528 Mil) to Dec. 2023 ($1,710 Mil) but then declined from Dec. 2023 ($1,710 Mil) to Mar. 2024 ($1,486 Mil).

Sumitomo Forestry Co's annual accounts payable & accrued expense declined from Dec. 2021 ($1,825 Mil) to Dec. 2022 ($1,588 Mil) but then increased from Dec. 2022 ($1,588 Mil) to Dec. 2023 ($1,710 Mil).

Sumitomo Forestry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sumitomo Forestry 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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Sumitomo Forestry Co Accounts Payable & Accrued Expense Chart

Sumitomo Forestry Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,790.86

1,832.70

1,825.45

1,587.99

1,710.14

Sumitomo Forestry 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															1,508.29	1,548.03	1,527.96	1,710.14	1,486.20

Sumitomo Forestry 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.

Sumitomo Forestry Co (Sumitomo Forestry Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Sumitomo Forestry Co Ltd (OTCPK:SMFRF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

1911:Japan 5F6:Germany

Address

Keidanren Kaikan, 3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8270

Website

http://sfc.jp

Sumitomo Forestry Co Ltd is a diversified Japanese company that focuses on timber and building materials as well as residential construction. The company's timber business is one of Japan's leading suppliers of timber and also provides building and structural materials such as flooring and doors. It constructs custom-built single-family housing projects around Japan that use the company's timber materials and design. These two business units provide the majority of the company's revenue. Sumitomo Forestry operates timber and exporting businesses in Southeast Asia, Australia, and North America. It is also involved in forestry management, as it owns forests around Japan and Southeast Asia.

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