Gulf Oil Lubricants India (BOM:538567) Accounts Payable & Accrued Expense : ₹0 Mil (As of Dec. 2023)

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What is Gulf Oil Lubricants India Accounts Payable & Accrued Expense?

Gulf Oil Lubricants India's quarterly accounts payable & accrued expense increased from Jun. 2023 (₹0 Mil) to Sep. 2023 (₹4,903 Mil) but then declined from Sep. 2023 (₹4,903 Mil) to Dec. 2023 (₹0 Mil).

Gulf Oil Lubricants India's annual accounts payable & accrued expense declined from Mar. 2021 (₹3,226 Mil) to Mar. 2022 (₹3,075 Mil) but then increased from Mar. 2022 (₹3,075 Mil) to Mar. 2023 (₹4,271 Mil).

Gulf Oil Lubricants India Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gulf Oil Lubricants 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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Gulf Oil Lubricants India Accounts Payable & Accrued Expense Chart

Gulf Oil Lubricants India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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2,293.73

2,707.50

3,226.07

3,074.98

4,270.56

Gulf Oil Lubricants India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	4,270.56	-	4,903.19	-

Gulf Oil Lubricants 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.

Gulf Oil Lubricants India (BOM:538567) Business Description

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GULFOILLUB:India

Address

IN Centre, 49/50, 12th Road, M.I.D.C., Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.gulfoilindia.com

Gulf Oil Lubricants India Ltd manufactures, markets, and trades lubricants and greases used in the automotive and industrial industries. The company is a subsidiary of the Hinduja Group, which owns businesses in a variety of sectors in multiple continents. The company provides products for all types of commercial vehicles to individual and institutional customers across the automotive, agricultural, industrial, construction, and marine divisions. The company exports some of its products, however, a large majority of revenue is derived from sales inside India.

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