Rane (Madras) (BOM:532661) Accounts Payable & Accrued Expense : ₹2,852 Mil (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Rane (Madras) Accounts Payable & Accrued Expense?

Rane (Madras)'s quarterly accounts payable & accrued expense declined from Sep. 2023 (₹3,168 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹2,852 Mil).

Rane (Madras)'s annual accounts payable & accrued expense increased from Mar. 2022 (₹3,489 Mil) to Mar. 2023 (₹3,732 Mil) but then declined from Mar. 2023 (₹3,732 Mil) to Mar. 2024 (₹2,852 Mil).

Rane (Madras) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rane (Madras)'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.

* Premium members only.

Rane (Madras) Accounts Payable & Accrued Expense Chart

Rane (Madras) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

2,005.10

3,063.00

3,488.50

3,732.40

2,851.50

Rane (Madras) 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															3,732.40	-	3,167.60	-	2,851.50

Rane (Madras) 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.

Rane (Madras) (BOM:532661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rane (Madras) Ltd (BOM:532661) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RML:India

Address

154, Velachery Road, Ganapathi Buildings, Chennai, TN, IND, 600 042

Website

http://www.ranegroup.com

Rane (Madras) Ltd provides components for the transportation industry. The company is a manufacturer of steering and suspension linkages products, steering gear products and other articles of aluminum die casting products. It operates through two divisions: steering and linkages division and Light Metal Castings division. The Company's steering and linkages division manufacture manual steering gears, hydrostatic steering systems, and steering and suspension linkage products. The Company's Light Metal Castings division manufactures low porosity, high-quality aluminum die-castings such as steering housings and engine case covers. The Company is a supplier to manufacturers of passenger cars, utility vehicles and farm tractors across the globe.

Rane (Madras) (BOM:532661) Headlines

No Headlines