HI-Green Carbon (NSE:HIGREEN) Accounts Payable & Accrued Expense : ₹45.6 Mil (As of Mar. 2023)

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What is HI-Green Carbon Accounts Payable & Accrued Expense?

HI-Green Carbon's quarterly accounts payable & accrued expense declined from Mar. 2021 (₹70.4 Mil) to Mar. 2022 (₹52.3 Mil) and declined from Mar. 2022 (₹52.3 Mil) to Mar. 2023 (₹45.6 Mil).

HI-Green Carbon's annual accounts payable & accrued expense declined from Mar. 2021 (₹70.4 Mil) to Mar. 2022 (₹52.3 Mil) and declined from Mar. 2022 (₹52.3 Mil) to Mar. 2023 (₹45.6 Mil).

HI-Green Carbon Accounts Payable & Accrued Expense Historical Data

The historical data trend for HI-Green Carbon'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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HI-Green Carbon Accounts Payable & Accrued Expense Chart

HI-Green Carbon Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

70.42

52.33

45.56

HI-Green Carbon Semi-Annual Data
	Mar21	Mar22	Mar23
Accounts Payable & Accrued Expense	70.42	52.33	45.56

HI-Green Carbon 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.

HI-Green Carbon (NSE:HIGREEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » HI-Green Carbon Ltd (NSE:HIGREEN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

G-557, Lodhika Industrial Estate, Metoda G.I.D.C. Gate No. 3, Metoda, Lodhika, Rajkot, GJ, IND, 360021

Website

https://www.higreencarbon.com

HI-Green Carbon Ltd is engaged in the business of waste tyres recycling. Its manufacturing plant operates on a continuous pyrolysis process. It is an uninterrupted working method with a continuous feeding and discharging system controlled by the program logic controller system. The company processes end-of-life tyres (ELTs) pieces to produce energy components and raw materials. Its major products are Recovered Carbon Black (rCB) and Steel Wires under the Raw Material Category and fuel Oil and Synthesis Gas under the Energy components category.

HI-Green Carbon (NSE:HIGREEN) Headlines

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