Mitsubishi Logistics (TSE:9301) Accounts Payable & Accrued Expense : 円32,246 Mil (As of Mar. 2024)

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What is Mitsubishi Logistics Accounts Payable & Accrued Expense?

Mitsubishi Logistics's quarterly accounts payable & accrued expense increased from Sep. 2023 (円25,886 Mil) to Dec. 2023 (円29,187 Mil) and increased from Dec. 2023 (円29,187 Mil) to Mar. 2024 (円32,246 Mil).

Mitsubishi Logistics's annual accounts payable & accrued expense increased from Mar. 2022 (円23,719 Mil) to Mar. 2023 (円31,775 Mil) and increased from Mar. 2023 (円31,775 Mil) to Mar. 2024 (円32,246 Mil).

Mitsubishi Logistics Accounts Payable & Accrued Expense Historical Data

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

Mitsubishi Logistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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25,117.00

25,838.00

23,719.00

31,775.00

32,246.00

Mitsubishi Logistics 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															31,775.00	22,142.00	25,886.00	29,187.00	32,246.00

Mitsubishi Logistics 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.

Mitsubishi Logistics (TSE:9301) Business Description

Industry

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Traded in Other Exchanges

MIB:Germany

Address

19-1, Nihonbashi, Nihonbashi Dia Building, 1-chome Chuo-ku, Tokyo, JPN, 103-8630

Website

http://www.mitsubishi-logistics.co.jp

Mitsubishi Logistics Corp is a logistics and real estate investment company, domiciled in Japan. The company organizes itself into two segments: logistics and real estate. Logistics, which contributes the majority of revenue, includes warehousing; air, ocean, and rail transportation; port-terminal operations; and international freight forwarding. The real estate segment buys, sells, and lease office buildings and other commercial real estates. Mitsubishi Logistics derives the vast majority of revenue domestically.

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