Finolex Cables (LUX:FINOL) Accounts Payable & Accrued Expense : $32.2 Mil (As of Mar. 2024)

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What is Finolex Cables Accounts Payable & Accrued Expense?

Finolex Cables's quarterly accounts payable & accrued expense declined from Sep. 2023 ($29.6 Mil) to Dec. 2023 ($0.0 Mil) but then increased from Dec. 2023 ($0.0 Mil) to Mar. 2024 ($32.2 Mil).

Finolex Cables's annual accounts payable & accrued expense increased from Mar. 2022 ($28.4 Mil) to Mar. 2023 ($29.2 Mil) and increased from Mar. 2023 ($29.2 Mil) to Mar. 2024 ($32.2 Mil).

Finolex Cables Accounts Payable & Accrued Expense Historical Data

The historical data trend for Finolex Cables'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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Finolex Cables Accounts Payable & Accrued Expense Chart

Finolex Cables Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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25.08

25.67

28.40

29.16

32.22

Finolex Cables 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															29.16	-	29.61	-	32.22

Finolex Cables 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.

Finolex Cables (LUX:FINOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Finolex Cables Ltd (LUX:FINOL) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

FINCABLES:India 500144:India

Address

26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018

Website

https://finolex.com

Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods and Others - Trading of Electrical and other goods. It derives a majority of revenue from the Electrical cables segment. The group offers products like Wires and cables, Optical fibre cables, Switches, LED lightings, Fans, MCB, Water heater and other products. Geographically the business presence of the firm can be seen in the Indian and International market.

Finolex Cables (LUX:FINOL) Headlines

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