CTS Co (TSE:4345) Accounts Payable & Accrued Expense : 円585 Mil (As of Dec. 2023)

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What is CTS Co Accounts Payable & Accrued Expense?

CTS Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円566 Mil) to Sep. 2023 (円1,152 Mil) but then declined from Sep. 2023 (円1,152 Mil) to Dec. 2023 (円585 Mil).

CTS Co's annual accounts payable & accrued expense increased from Mar. 2021 (円877 Mil) to Mar. 2022 (円981 Mil) but then declined from Mar. 2022 (円981 Mil) to Mar. 2023 (円980 Mil).

CTS Co Accounts Payable & Accrued Expense Historical Data

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

CTS Co Annual Data

Trend

Mar14

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Mar16

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Mar18

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Mar20

Mar21

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Mar23

Accounts Payable & Accrued Expense

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1,082.00

825.00

877.00

981.00

980.00

CTS 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															753.00	980.00	566.00	1,152.00	585.00

CTS 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.

CTS Co (TSE:4345) Business Description

Industry

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Address

115 Kuriyasu, Nagano Prefecture, Ueda, JPN

Website

http://www.cts-h.co.jp

CTS Co Ltd is engaged in construction ICT, system business, survey measurement business, house furniture business and environmental safety business. The company offers products and services on rental basis specialized in the industry such as system equipment and communication lines. Its product offerings include cloud solution, color multi-function machine, inkjet printer, network cameras, personal computers equipped with functions suitable for the application, focusing on business models, among others.

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