IPS (TSE:4390) Accounts Payable & Accrued Expense : 円1,064 Mil (As of Dec. 2023)

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What is IPS Accounts Payable & Accrued Expense?

IPS's quarterly accounts payable & accrued expense increased from Jun. 2023 (円1,675 Mil) to Sep. 2023 (円2,228 Mil) but then declined from Sep. 2023 (円2,228 Mil) to Dec. 2023 (円1,064 Mil).

IPS's annual accounts payable & accrued expense increased from Mar. 2021 (円1,288 Mil) to Mar. 2022 (円3,037 Mil) but then declined from Mar. 2022 (円3,037 Mil) to Mar. 2023 (円2,809 Mil).

IPS Accounts Payable & Accrued Expense Historical Data

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

IPS Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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557.74

530.12

1,288.00

3,037.00

2,809.00

IPS 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															2,030.00	2,809.00	1,675.00	2,228.00	1,064.00

IPS 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.

IPS (TSE:4390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » IPS Inc (TSE:4390) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

4-1-1 Tsukiji, Chuo-ku, 8th Floor, Togeki Building, Tokyo, JPN, 104-0045

Website

http://www.ipsism.co.jp

IPS Inc is engaged in the wholesale of international telecommunciation services for cable television operators, Internet connection services for corporations, telecommunciation services for call centers, and job placement and advertising services for recruiters.

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