G-Tekt (TSE:5970) Accounts Payable & Accrued Expense : 円43,420 Mil (As of Dec. 2023)

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What is G-Tekt Accounts Payable & Accrued Expense?

G-Tekt's quarterly accounts payable & accrued expense increased from Jun. 2023 (円44,319 Mil) to Sep. 2023 (円45,115 Mil) but then declined from Sep. 2023 (円45,115 Mil) to Dec. 2023 (円43,420 Mil).

G-Tekt's annual accounts payable & accrued expense increased from Mar. 2022 (円38,777 Mil) to Mar. 2023 (円42,776 Mil) but then declined from Mar. 2023 (円42,776 Mil) to Mar. 2024 (円39,988 Mil).

G-Tekt Accounts Payable & Accrued Expense Historical Data

The historical data trend for G-Tekt'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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G-Tekt Accounts Payable & Accrued Expense Chart

G-Tekt Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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23,520.00

28,182.00

38,777.00

42,776.00

39,988.00

G-Tekt 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															42,776.00	44,319.00	45,115.00	43,420.00	39,988.00

G-Tekt 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.

G-Tekt (TSE:5970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » G-Tekt Corp (TSE:5970) » Definitions » Accounts Payable & Accrued Expense

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Address

1-11-20, Sakuragi-cho, Omiya JP Building, 18th Floor, Omiya-ku, Saitama, JPN, 330-0854

Website

https://www.g-tekt.jp

G-Tekt Corp is engaged in the manufacture and sale of automotive parts. It also designs and develops press dies, welding jigs, and tools required for mass production and stable quality. The company's product categories include Auto Body Components; Transmission Parts and Die and Production System. It generates maximum revenue from Auto Body Components.

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