System Research Co (TSE:3771) Accounts Payable & Accrued Expense : 円1,119 Mil (As of Dec. 2023)

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What is System Research Co Accounts Payable & Accrued Expense?

System Research Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円1,004 Mil) to Sep. 2023 (円1,264 Mil) but then declined from Sep. 2023 (円1,264 Mil) to Dec. 2023 (円1,119 Mil).

System Research Co's annual accounts payable & accrued expense increased from Mar. 2021 (円914 Mil) to Mar. 2022 (円1,267 Mil) and increased from Mar. 2022 (円1,267 Mil) to Mar. 2023 (円1,344 Mil).

System Research Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for System Research 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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System Research Co Accounts Payable & Accrued Expense Chart

System Research Co Annual Data

Trend

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Mar23

Accounts Payable & Accrued Expense

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912.81

1,053.27

913.65

1,267.02

1,343.87

System Research Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,007.80	1,343.87	1,004.03	1,263.97	1,118.72

System Research 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.

System Research Co (TSE:3771) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » System Research Co Ltd (TSE:3771) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

2-12, Iwatsukahon-tori, Nakamura-ku, Nagoya, JPN, 453-0861

Website

http://www.sr-net.co.jp

System Research Co., Ltd is a software application service provider in Japan. The business of the company includes SI service operations, outsourcing business, web related business, software development work, software product business, and product sales.

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