IFCI (BOM:500106) Accounts Payable & Accrued Expense : ₹4,630 Mil (As of Mar. 2024)

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What is IFCI Accounts Payable & Accrued Expense?

IFCI's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹4,688 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹4,630 Mil).

IFCI's annual accounts payable & accrued expense declined from Mar. 2022 (₹9,343 Mil) to Mar. 2023 (₹2,773 Mil) but then increased from Mar. 2023 (₹2,773 Mil) to Mar. 2024 (₹4,630 Mil).

IFCI Accounts Payable & Accrued Expense Historical Data

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

IFCI Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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14,861.90

19,305.90

9,343.40

2,772.90

4,629.50

IFCI 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															2,772.90	-	4,687.50	-	4,629.50

IFCI 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.

IFCI (BOM:500106) Business Description

Industry

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IFCI:India

Address

IFCI Towers, 61 Nehru Place, New Delhi, IND, 110 019

Website

https://www.ifciltd.com

IFCI Ltd is a financial services company, which provides funding for industrial companies in India. The financing activities cover various kinds of projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries. Lending operations comprise the vast majority of the company's business, and majority of the company's revenue consists of interest income on loans IFCI makes. The Company has played a decisive role in setting up various reputed market intermediaries like stock exchanges, entrepreneurship development organizations, consultancy organizations, educational and skill development institutions across the country.

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