Elgi Rubber Co (NSE:ELGIRUBCO) Accounts Payable & Accrued Expense : ₹0 Mil (As of Dec. 2023)

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What is Elgi Rubber Co Accounts Payable & Accrued Expense?

Elgi Rubber Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (₹0 Mil) to Sep. 2023 (₹502 Mil) but then declined from Sep. 2023 (₹502 Mil) to Dec. 2023 (₹0 Mil).

Elgi Rubber Co's annual accounts payable & accrued expense increased from Mar. 2021 (₹596 Mil) to Mar. 2022 (₹722 Mil) but then declined from Mar. 2022 (₹722 Mil) to Mar. 2023 (₹645 Mil).

Elgi Rubber Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Elgi Rubber Co'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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Elgi Rubber Co Accounts Payable & Accrued Expense Chart

Elgi Rubber Co Annual Data

Trend

Mar14

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Mar18

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Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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586.45

662.29

595.57

722.22

644.62

Elgi Rubber Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	644.62	-	501.88	-

Elgi Rubber Co 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.

Elgi Rubber Co (NSE:ELGIRUBCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Elgi Rubber Co Ltd (NSE:ELGIRUBCO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Super A Unit, Coimbatore Private Industrial Estate, Coimbatore, TN, IND, 641 021

Website

http://www.elgirubber.com

Elgi Rubber Co Ltd provides solutions to Rubber Industry and is engaged in the business of manufacturing Reclaimed Rubber, Retreading machinery, and Retread rubber. The company has only one business segment, that is, manufacture of Reclaimed rubber and allied activities. Geographically, it derives a majority of its revenue from India. The company sells its product under various brands such as Jet, CRS (Cincinnati Retread Systems, Armonas, Pincott, Carbrasive, Midwest Rubber, Westernweld, Rubber Resources, and Rubber Compounding Holland. Its business operation comprises a single operating segment being Rubber Industry.

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