Shiva Mills (BOM:540961) Accounts Payable & Accrued Expense : ₹55 Mil (As of Mar. 2024)

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What is Shiva Mills Accounts Payable & Accrued Expense?

Shiva Mills's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹23 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹55 Mil).

Shiva Mills's annual accounts payable & accrued expense increased from Mar. 2022 (₹106 Mil) to Mar. 2023 (₹122 Mil) but then declined from Mar. 2023 (₹122 Mil) to Mar. 2024 (₹55 Mil).

Shiva Mills Accounts Payable & Accrued Expense Historical Data

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

Shiva Mills Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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130.73

153.23

106.31

122.32

55.38

Shiva Mills 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															122.32	-	23.25	-	55.38

Shiva Mills 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.

Shiva Mills (BOM:540961) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shiva Mills Ltd (BOM:540961) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

SHIVAMILLS:India

Address

249-A, Bye-Pass Road Mettupalayam Road, Coimbatore, TN, IND, 641043

Website

http://www.shivamills.com

Shiva Mills Ltd is a textile manufacturing company. Its products include cotton yarn, grey fabric, and others. The company operates into a single segment which is Textiles. The company sells its products in the Indian market as well as internationally, but the majority of its revenues are derived from India.

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