Kitz (TSE:6498) Accounts Payable & Accrued Expense : 円10,533 Mil (As of Mar. 2024)

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What is Kitz Accounts Payable & Accrued Expense?

Kitz's quarterly accounts payable & accrued expense increased from Sep. 2023 (円11,065 Mil) to Dec. 2023 (円12,020 Mil) but then declined from Dec. 2023 (円12,020 Mil) to Mar. 2024 (円10,533 Mil).

Kitz's annual accounts payable & accrued expense increased from Mar. 2020 (円8,346 Mil) to Dec. 2021 (円10,646 Mil) but then declined from Dec. 2021 (円10,646 Mil) to Dec. 2022 (円10,551 Mil).

Kitz Accounts Payable & Accrued Expense Historical Data

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

Kitz Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Accounts Payable & Accrued Expense

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9,924.00

8,594.00

8,346.00

10,646.00

10,551.00

Kitz 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															11,273.00	11,165.00	11,065.00	12,020.00	10,533.00

Kitz 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.

Kitz (TSE:6498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kitz Corp (TSE:6498) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

1-10-1 Nakase Mihama-ku, Chiba, JPN, 2618577

Website

http://www.kitz.co.jp

Kitz Corp is a Japan-based company that operates through segments namely valve manufacturing business in which the company manufactures and sells valves, fittings, water purifiers, and industrial filters. the brass manufacturing business involves manufacturing and selling of brass rods for machined or forged products. The company's products consist of brass, cast iron, ductile iron, strainer, bronze, and others. It generates a majority of its revenue from the Valve manufacturing business.

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