Shriram Finance (NSE:SHRIRAMFIN) Accounts Payable & Accrued Expense : ₹4,891 Mil (As of Mar. 2024)

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What is Shriram Finance Accounts Payable & Accrued Expense?

Shriram Finance's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹6,109 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹4,891 Mil).

Shriram Finance's annual accounts payable & accrued expense increased from Mar. 2022 (₹5,819 Mil) to Mar. 2023 (₹11,318 Mil) but then declined from Mar. 2023 (₹11,318 Mil) to Mar. 2024 (₹4,891 Mil).

Shriram Finance Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shriram Finance'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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Shriram Finance Accounts Payable & Accrued Expense Chart

Shriram Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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5,577.00

8,177.60

5,818.50

11,317.80

4,891.10

Shriram Finance 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															11,317.80	-	6,108.60	-	4,891.10

Shriram Finance 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.

Shriram Finance (NSE:SHRIRAMFIN) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Shriram Finance Ltd (NSE:SHRIRAMFIN) » Definitions » Accounts Payable & Accrued Expense

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511218:India

Address

Wockhardt Towers, West Wing, Level-3, C-2, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.shriramfinance.in

Shriram Finance Ltd is an Indian non-banking finance company. It is engaged in the financing of pre-owned commercial vehicles, equipment, and other loans. The company focuses on loan origination, valuation, and collection for pre-owned and new commercial and passenger vehicles, tractors, 3 wheeler, multi-utility vehicles, and also provides ancillary services such as finance for working capital, engine replacement, bill discounting, credit cards, and tire-loans as holistic financing support. The company's revenue consists of interest income on loans provides. Geographically, it derives maximum revenue from India.

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