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AG Universal (NSE:AGUL) Accounts Payable & Accrued Expense : ₹78.4 Mil (As of Sep. 2023)


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What is AG Universal Accounts Payable & Accrued Expense?

AG Universal's quarterly accounts payable & accrued expense increased from Sep. 2022 (₹0.0 Mil) to Mar. 2023 (₹161.4 Mil) but then declined from Mar. 2023 (₹161.4 Mil) to Sep. 2023 (₹78.4 Mil).

AG Universal's annual accounts payable & accrued expense increased from Mar. 2021 (₹6.7 Mil) to Mar. 2022 (₹46.9 Mil) and increased from Mar. 2022 (₹46.9 Mil) to Mar. 2023 (₹161.4 Mil).


AG Universal Accounts Payable & Accrued Expense Historical Data

The historical data trend for AG Universal'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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AG Universal Accounts Payable & Accrued Expense Chart

AG Universal Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
46.03 6.72 46.94 161.38

AG Universal Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 6.72 46.94 - 161.38 78.39

AG Universal 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.


AG Universal (NSE:AGUL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
F-1, 34/1, Vikas Apartments, East Punjabi Bagh, West Delhi, New Delhi, IND, 110026
AG Universal Ltd operates as a supplier of industrial MS Tubes, GI Pipes, and Hollow Sections. The company's product range includes Stainless Steel Pipes, Mild Steel Pipes, ERW Black Pipes, GI Pipes, Hollow Sections, uPVC Pipes, cPVC Pipes, TMT Bars, Wire Rods, MS Wire, CR Coils, and HR Coils. The company's operating segments are Trading Division -Plants / Iron Products / Ultramaxx Batteries / S S Utensils, Manufacturing Division - Aluminium Extruded Profile and Real Estate Division.

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