Asian Paints (BOM:500820) Accounts Payable & Accrued Expense : ₹39,539 Mil (As of Mar. 2024)

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What is Asian Paints Accounts Payable & Accrued Expense?

Asian Paints's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹43,208 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹39,539 Mil).

Asian Paints's annual accounts payable & accrued expense increased from Mar. 2022 (₹63,454 Mil) to Mar. 2023 (₹63,567 Mil) but then declined from Mar. 2023 (₹63,567 Mil) to Mar. 2024 (₹39,539 Mil).

Asian Paints Accounts Payable & Accrued Expense Historical Data

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

Asian Paints Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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35,784.30

51,437.50

63,453.90

63,566.70

39,538.50

Asian Paints 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															63,566.70	-	43,207.50	-	39,538.50

Asian Paints 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.

Asian Paints (BOM:500820) Business Description

Industry

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ASIANPAINT:India

Address

Asian Paints House, 6A, Shantinagar, Santacruz (East), Mumbai, MH, IND, 400 055

Website

https://www.asianpaints.com

Asian Paints Ltd manufactures and sells a variety of paint and home improvement products. The firm organizes itself into two segments based on product type. The paints segment, which generates the vast majority of revenue, sells interior and exterior paints, metal finish, and wood finish. The home improvement segment sells kitchen and bathroom products. Asian Paints sells its products to distributors and directly to the home improvement industry through the company's network of retail stores. The majority of revenue comes from India.

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