Meiko Electronics Co (TSE:6787) Accounts Payable & Accrued Expense : 円30,799 Mil (As of Dec. 2023)

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What is Meiko Electronics Co Accounts Payable & Accrued Expense?

Meiko Electronics Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (円26,927 Mil) to Sep. 2023 (円31,001 Mil) but then declined from Sep. 2023 (円31,001 Mil) to Dec. 2023 (円30,799 Mil).

Meiko Electronics Co's annual accounts payable & accrued expense declined from Mar. 2022 (円25,303 Mil) to Mar. 2023 (円23,814 Mil) but then increased from Mar. 2023 (円23,814 Mil) to Mar. 2024 (円28,138 Mil).

Meiko Electronics Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Meiko Electronics Co'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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Meiko Electronics Co Accounts Payable & Accrued Expense Chart

Meiko Electronics Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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17,936.00

20,690.00

25,303.00

23,814.00

28,138.00

Meiko Electronics Co 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															23,814.00	26,927.00	31,001.00	30,799.00	28,138.00

Meiko Electronics Co 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.

Meiko Electronics Co (TSE:6787) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Meiko Electronics Co Ltd (TSE:6787) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MEC:Germany

Address

5-14-15, Ogami, Kanagawa Prefecture, Ayase, JPN, 252-1104

Website

http://www.meiko-elec.com

Meiko Electronics Co., Ltd. is a Japan-based company. The company is engaged in manufacturing of anyLayer high density interconnect, high heat dissipation printed circuit boards (PCBs) and high electric current PCBs, solder stencils, electronic manufacturing services, industrial equipment, and imaging equipment. The company operates in one business segment that is Printed Circuit Boards. Geographically the company exports its products to Asia, North America, Europe, and Other regions.

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