Grand Foundry (BOM:513343) Accounts Payable & Accrued Expense : ₹0.28 Mil (As of Dec. 2023)

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What is Grand Foundry Accounts Payable & Accrued Expense?

Grand Foundry's quarterly accounts payable & accrued expense increased from Jun. 2023 (₹0.05 Mil) to Sep. 2023 (₹0.20 Mil) and increased from Sep. 2023 (₹0.20 Mil) to Dec. 2023 (₹0.28 Mil).

Grand Foundry's annual accounts payable & accrued expense declined from Mar. 2021 (₹41.29 Mil) to Mar. 2022 (₹24.55 Mil) and declined from Mar. 2022 (₹24.55 Mil) to Mar. 2023 (₹0.49 Mil).

Grand Foundry Accounts Payable & Accrued Expense Historical Data

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

Grand Foundry Annual Data

Trend

Mar12

Mar15

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Mar23

Accounts Payable & Accrued Expense

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47.13

54.63

41.29

24.55

0.49

Grand Foundry 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															-	0.49	0.05	0.20	0.28

Grand Foundry 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.

Grand Foundry (BOM:513343) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Grand Foundry Ltd (BOM:513343) » Definitions » Accounts Payable & Accrued Expense

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GFSTEELS:India

Address

Sanjay Appa Chambers, 302, Cabin No.1, Plot No. 82 Behind Charat Singh Colony, Chakala Midc, Andheri East, MH, IND, 400093

Website

https://www.gfsteel.co.in

Grand Foundry Ltd is engaged in the manufacturing of bright steel bars and wires. The company offers various heat treatment processes and supplies commercial lots of heat-treated bars to specific standards in the international market American, and German standards. Its products are utilized for various applications in the engineering industries, including petrochemical, oil and natural gas, and automotive industries.

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