GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hindalco Industries Ltd (OTCPK:HNDNF) » Definitions » Accounts Payable & Accrued Expense

Hindalco Industries (Hindalco Industries) Accounts Payable & Accrued Expense : $4,983 Mil (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Hindalco Industries Accounts Payable & Accrued Expense?

Hindalco Industries's quarterly accounts payable & accrued expense declined from Sep. 2023 ($4,768 Mil) to Dec. 2023 ($0 Mil) but then increased from Dec. 2023 ($0 Mil) to Mar. 2024 ($4,983 Mil).

Hindalco Industries's annual accounts payable & accrued expense declined from Mar. 2022 ($6,337 Mil) to Mar. 2023 ($5,509 Mil) and declined from Mar. 2023 ($5,509 Mil) to Mar. 2024 ($4,983 Mil).


Hindalco Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hindalco Industries'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.

Hindalco Industries Accounts Payable & Accrued Expense Chart

Hindalco Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,893.97 4,489.18 6,336.82 5,509.05 4,983.17

Hindalco Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,509.05 - 4,768.03 - 4,983.17

Hindalco Industries 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.


Hindalco Industries (Hindalco Industries) Business Description

Traded in Other Exchanges
Address
Pandurang Budhkar Road, Birla Centurion, 6th & 7th Floor, Worli, Mumbai, MH, IND, 400030
Hindalco Industries Ltd extracts raw materials and produces and sells industrial metals in the below segments: Copper, Aluminum Upstream and Aluminium Downstream, Novelis, and all other Segment. The Copper segment purchases raw materials and produces continuous cast copper rods, copper cathodes, sulphuric acid, gold, and silver. The firm hedges its copper and other precious metals costs through futures contracts in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. The Aluminum segment mines bauxite and produces hydrate and alumina, aluminum, and aluminum-based products. The majority of Hindalco's revenue comes from India. The firm is also expanding internationally with sales and operations worldwide.

Hindalco Industries (Hindalco Industries) Headlines

From GuruFocus

Q3 2024 Hindalco Industries Ltd Earnings Call Transcript

By GuruFocus Research 02-14-2024