Harmonic Drive Systems (TSE:6324) Accounts Payable & Accrued Expense : 円3,350 Mil (As of Dec. 2023)

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What is Harmonic Drive Systems Accounts Payable & Accrued Expense?

Harmonic Drive Systems's quarterly accounts payable & accrued expense declined from Jun. 2023 (円4,328 Mil) to Sep. 2023 (円3,392 Mil) and declined from Sep. 2023 (円3,392 Mil) to Dec. 2023 (円3,350 Mil).

Harmonic Drive Systems's annual accounts payable & accrued expense increased from Mar. 2021 (円3,250 Mil) to Mar. 2022 (円6,461 Mil) but then declined from Mar. 2022 (円6,461 Mil) to Mar. 2023 (円4,643 Mil).

Harmonic Drive Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for Harmonic Drive Systems'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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Harmonic Drive Systems Accounts Payable & Accrued Expense Chart

Harmonic Drive Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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5,927.96

1,601.55

3,250.48

6,461.15

4,642.85

Harmonic Drive Systems 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															6,036.81	4,642.85	4,327.80	3,392.31	3,350.47

Harmonic Drive Systems 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.

Harmonic Drive Systems (TSE:6324) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Harmonic Drive Systems Inc (TSE:6324) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HSYDF:USA K3R:Germany K3R:Germany

Address

6-25-3 Minami-Oi, Shinagawa-ku, Tokyo, JPN, 140-0013

Website

http://www.hds.co.jp

Harmonic Drive Systems manufactures and sells high-precision reduction gears (speed reducers) under the Harmonic Drive brand as well as other mechatronics products such as rotary actuators, linear actuators, and AC servo motors. The company also provides planetary-gear speed reducers under the AccuDrive and Harmonic Planetary brands. Its products are used in industrial robots, semiconductor production equipment, and other high-precision equipment. HDS was founded in 1970 and is headquartered in Tokyo.

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