Aichi Steel (TSE:5482) Accounts Payable & Accrued Expense : 円52,661 Mil (As of Mar. 2024)

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What is Aichi Steel Accounts Payable & Accrued Expense?

Aichi Steel's quarterly accounts payable & accrued expense declined from Sep. 2023 (円48,646 Mil) to Dec. 2023 (円46,840 Mil) but then increased from Dec. 2023 (円46,840 Mil) to Mar. 2024 (円52,661 Mil).

Aichi Steel's annual accounts payable & accrued expense declined from Mar. 2022 (円47,031 Mil) to Mar. 2023 (円46,279 Mil) but then increased from Mar. 2023 (円46,279 Mil) to Mar. 2024 (円52,661 Mil).

Aichi Steel Accounts Payable & Accrued Expense Historical Data

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

Aichi Steel Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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38,426.00

38,948.00

47,031.00

46,279.00

52,661.00

Aichi Steel 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															46,279.00	44,713.00	48,646.00	46,840.00	52,661.00

Aichi Steel 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.

Aichi Steel (TSE:5482) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Aichi Steel Corp (TSE:5482) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666

Website

http://www.aichi-steel.co.jp

Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.

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