Patel Engineering (BOM:531120) Accounts Payable & Accrued Expense : ₹18,641 Mil (As of Mar. 2024)

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What is Patel Engineering Accounts Payable & Accrued Expense?

Patel Engineering's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹15,993 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹18,641 Mil).

Patel Engineering's annual accounts payable & accrued expense increased from Mar. 2022 (₹14,505 Mil) to Mar. 2023 (₹15,519 Mil) and increased from Mar. 2023 (₹15,519 Mil) to Mar. 2024 (₹18,641 Mil).

Patel Engineering Accounts Payable & Accrued Expense Historical Data

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

Patel Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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14,842.51

12,298.33

14,504.53

15,518.91

18,640.95

Patel Engineering 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															15,518.91	-	15,993.29	-	18,640.95

Patel Engineering 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.

Patel Engineering (BOM:531120) Business Description

Industry

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PATELENG:India

Address

Patel Estate Road, Jogeshwari (West), Mumbai, MH, IND, 400 102

Website

http://www.pateleng.com

Patel Engineering Ltd is a company that undertakes civil construction and engineering projects. The company is engaged in segments including engineering procurement and construction (EPC) and real estate. It generates a vast majority of its revenue from the EPC segment within India. The company projects include all sectors of the infrastructure industry from dams, tunnels, micro-runnels, hydroelectric projects, irrigation projects, highways, roads, bridges, railways, refineries to real estates, and townships.

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