Shri Techtex (NSE:SHRITECH) Accounts Payable & Accrued Expense : ₹50.0 Mil (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Shri Techtex Accounts Payable & Accrued Expense?

Shri Techtex's quarterly accounts payable & accrued expense increased from Mar. 2021 (₹46.7 Mil) to Mar. 2022 (₹58.0 Mil) but then declined from Mar. 2022 (₹58.0 Mil) to Mar. 2023 (₹50.0 Mil).

Shri Techtex's annual accounts payable & accrued expense increased from Mar. 2021 (₹46.7 Mil) to Mar. 2022 (₹58.0 Mil) but then declined from Mar. 2022 (₹58.0 Mil) to Mar. 2023 (₹50.0 Mil).

Shri Techtex Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shri Techtex'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.

* Premium members only.

Shri Techtex Accounts Payable & Accrued Expense Chart

Shri Techtex Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

20.26

46.65

58.01

50.00

Shri Techtex Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Accounts Payable & Accrued Expense	20.26	46.65	58.01	50.00

Shri Techtex 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.

Shri Techtex (NSE:SHRITECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shri Techtex Ltd (NSE:SHRITECH) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Harmony, 2nd Floor,15/A, Shree Vidhyanagar Co-Operative Housing Society Ltd., Opposite Nabard, Near Usmanpura Garden, Ahmedabad, GJ, IND, 380014

Website

https://www.shritechtex.com

Shri Techtex Ltd is engaged in the business of manufacturing of Polypropylene (PP) Non-Woven Fabric. The practical use of non-woven fabric is more ecological for certain applications, especially in fields and industries where disposable or single-use products are important, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods. The company manufactures PP non-woven fabric in a variety of sizes and densities.

Shri Techtex (NSE:SHRITECH) Headlines

No Headlines