Nextgen (TSE:3842) Accounts Payable & Accrued Expense : 円195 Mil (As of Dec. 2023)

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What is Nextgen Accounts Payable & Accrued Expense?

Nextgen's quarterly accounts payable & accrued expense increased from Jun. 2023 (円248 Mil) to Sep. 2023 (円263 Mil) but then declined from Sep. 2023 (円263 Mil) to Dec. 2023 (円195 Mil).

Nextgen's annual accounts payable & accrued expense declined from Mar. 2021 (円323 Mil) to Mar. 2022 (円318 Mil) and declined from Mar. 2022 (円318 Mil) to Mar. 2023 (円286 Mil).

Nextgen Accounts Payable & Accrued Expense Historical Data

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

Nextgen Annual Data

Trend

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Mar23

Accounts Payable & Accrued Expense

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394.31

935.77

322.89

318.20

285.70

Nextgen 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															269.66	285.70	248.49	262.89	194.50

Nextgen 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.

Nextgen (TSE:3842) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nextgen Inc (TSE:3842) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

1-27-6 Shirokane, Minatoku, Shirokane-takanawa Station Building, 6th floor, Tokyo, JPN, 108-0072

Website

http://www.nextgen.co.jp

Nextgen, Inc., is engaged in providing software & hardware solutions on Internet protocol telephone system for telecommunication carriers. It has three business segments: Communication system solution; Security solution; Cloud and smartphone solutions. Communication system solution provides carrier-grade SIP/VoIP systems to telecommunication carriers; security solution provides protection consultations.

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