Eimco Elecon India (BOM:523708) Accounts Payable & Accrued Expense : ₹273 Mil (As of Mar. 2024)

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What is Eimco Elecon India Accounts Payable & Accrued Expense?

Eimco Elecon India's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹180 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹273 Mil).

Eimco Elecon India's annual accounts payable & accrued expense increased from Mar. 2022 (₹171 Mil) to Mar. 2023 (₹188 Mil) and increased from Mar. 2023 (₹188 Mil) to Mar. 2024 (₹273 Mil).

Eimco Elecon India Accounts Payable & Accrued Expense Historical Data

The historical data trend for Eimco Elecon India'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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Eimco Elecon India Accounts Payable & Accrued Expense Chart

Eimco Elecon India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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175.72

199.64

171.21

188.33

273.26

Eimco Elecon India 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															188.33	-	180.28	-	273.26

Eimco Elecon India 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.

Eimco Elecon India (BOM:523708) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Eimco Elecon India Ltd (BOM:523708) » Definitions » Accounts Payable & Accrued Expense

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EIMCOELECO:India

Address

Anand-Sojitra Road, District Anand, Vallabh Vidyanagar, GJ, IND, 388 120

Website

https://www.eimcoelecon.in

Eimco Elecon India Ltd is an Indian company engaged in the business of manufacturing and supplying equipment for mining and construction sector. Its products include Air motors, Chair lift man riding system, Coal hauler, Drill machine, Load haul dumper (coal mining), Load haul dumper (metal mining), Low profile dump truck, Rocker shovel loader, Side dump loader, and Wheel loader, among others. The group sells its products in India and also exports them to other countries.

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