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MRF (BOM:500290) Accounts Payable & Accrued Expense : ₹26,571 Mil (As of Mar. 2024)


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What is MRF Accounts Payable & Accrued Expense?

MRF's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹24,319 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹26,571 Mil).

MRF's annual accounts payable & accrued expense increased from Mar. 2022 (₹25,495 Mil) to Mar. 2023 (₹29,232 Mil) but then declined from Mar. 2023 (₹29,232 Mil) to Mar. 2024 (₹26,571 Mil).

MRF Accounts Payable & Accrued Expense Historical Data

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

MRF Annual Data
Trend Sep13 Sep14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,680.10 36,813.20 25,495.20 29,231.60 26,570.90

MRF 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29,231.60 - 24,319.40 - 26,570.90

MRF 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.

MRF (BOM:500290) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MRF Ltd (BOM:500290) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
MRF:India
Address
No. 114, Greams Road, Chennai, TN, IND, 600 006
Website
https://www.mrftyres.com
MRF Ltd makes and sells rubber products, including tires, tubes, tread rubber, conveyor belts, and building and floor coatings. The firm's tires are used for automobiles, commercial trucks, and farm equipment. The company sells tires under the MRF brand name. MRF also operates multiple retail stores that sell tires and offer services. Stores under the MRF TireRok brand offer wheel alignment and air conditioning repair. MRF Musclezone stores offer tire servicing for commercial vehicles. MRF Tyredom stores offer a wheel alignment and car washes. The majority of revenue comes from India.

MRF (BOM:500290) Headlines

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