Akshar Spintex (BOM:541303) Accounts Payable & Accrued Expense : ₹90 Mil (As of Mar. 2024)

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What is Akshar Spintex Accounts Payable & Accrued Expense?

Akshar Spintex's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹135 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹90 Mil).

Akshar Spintex's annual accounts payable & accrued expense increased from Mar. 2022 (₹146 Mil) to Mar. 2023 (₹152 Mil) but then declined from Mar. 2023 (₹152 Mil) to Mar. 2024 (₹90 Mil).

Akshar Spintex Accounts Payable & Accrued Expense Historical Data

The historical data trend for Akshar Spintex'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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Akshar Spintex Accounts Payable & Accrued Expense Chart

Akshar Spintex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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54.27

76.88

146.27

151.87

90.36

Akshar Spintex Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															151.87	-	134.63	-	90.36

Akshar Spintex 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.

Akshar Spintex (BOM:541303) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Akshar Spintex Ltd (BOM:541303) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

AKSHAR:India

Address

150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005

Website

http://www.aksharspintex.in

Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others.

Akshar Spintex (BOM:541303) Headlines

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