Ratnamani Metals & Tubes (BOM:520111) Accounts Payable & Accrued Expense : ₹3,633 Mil (As of Mar. 2024)

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What is Ratnamani Metals & Tubes Accounts Payable & Accrued Expense?

Ratnamani Metals & Tubes's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹3,037 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹3,633 Mil).

Ratnamani Metals & Tubes's annual accounts payable & accrued expense increased from Mar. 2022 (₹3,327 Mil) to Mar. 2023 (₹3,937 Mil) but then declined from Mar. 2023 (₹3,937 Mil) to Mar. 2024 (₹3,633 Mil).

Ratnamani Metals & Tubes Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ratnamani Metals & Tubes'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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Ratnamani Metals & Tubes Accounts Payable & Accrued Expense Chart

Ratnamani Metals & Tubes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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2,720.05

2,530.24

3,326.71

3,936.80

3,633.05

Ratnamani Metals & Tubes 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															3,936.80	-	3,036.87	-	3,633.05

Ratnamani Metals & Tubes 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.

Ratnamani Metals & Tubes (BOM:520111) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ratnamani Metals & Tubes Ltd (BOM:520111) » Definitions » Accounts Payable & Accrued Expense

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RATNAMANI:India

Address

The First Avenue Road, Off 132 Ft Ring Road, The First, A & B Wing, 9th Floor, Behind Keshav Baug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015

Website

https://www.ratnamani.com

Ratnamani Metals & Tubes Ltd is a manufacturer of stainless steel pipes, tubes, and carbon steel pipes. The company's product mix consists of stainless steel tubes and pipes, carbon steel pipes, and external and internal coating solutions. It operates in the Steel Tubes and Pipes segment. The company's end market by revenue is India. The firm's manufacturing facilities are located in Kutch, Indrad, and Chhatral in the state of Gujarat.

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