Tega Industries (NSE:TEGA) Accounts Payable & Accrued Expense : ₹2,022 Mil (As of Mar. 2024)

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What is Tega Industries Accounts Payable & Accrued Expense?

Tega Industries's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹1,592 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹2,022 Mil).

Tega Industries's annual accounts payable & accrued expense increased from Mar. 2022 (₹1,339 Mil) to Mar. 2023 (₹1,562 Mil) and increased from Mar. 2023 (₹1,562 Mil) to Mar. 2024 (₹2,022 Mil).

Tega Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tega Industries'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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Tega Industries Accounts Payable & Accrued Expense Chart

Tega Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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875.16

1,286.45

1,338.81

1,562.07

2,021.76

Tega Industries Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											1,562.07	-	1,591.80	-	2,021.76

Tega Industries 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.

Tega Industries (NSE:TEGA) Business Description

Industry

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Traded in Other Exchanges

543413:India

Address

Godrej Waterside, Tower-II, Ring Rd, Office No 807, 8th Floor, Block DP-5, Salt Lake Sector V, Bidhannagar, Kolkata, WB, IND, 700 091

Website

https://www.tegaindustries.com

Tega Industries Ltd is a manufacturer of specialized consumable products for the mineral beneficiation, mining, and bulk solids handling industry. The company offers a range of specialized abrasion and wear-resistant rubber, polyurethane, steel, and ceramic-based lining components required for mining and mineral processing, screening, grinding, and material handling.

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