Access Engineering (COL:AEL.N0000) Accounts Payable & Accrued Expense : රු35,056 Mil (As of Dec. 2023)

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What is Access Engineering Accounts Payable & Accrued Expense?

Access Engineering's quarterly accounts payable & accrued expense increased from Jun. 2023 (රු32,214 Mil) to Sep. 2023 (රු32,953 Mil) and increased from Sep. 2023 (රු32,953 Mil) to Dec. 2023 (රු35,056 Mil).

Access Engineering's annual accounts payable & accrued expense increased from Mar. 2021 (රු8,771 Mil) to Mar. 2022 (රු10,665 Mil) but then declined from Mar. 2022 (රු10,665 Mil) to Mar. 2023 (රු8,764 Mil).

Access Engineering Accounts Payable & Accrued Expense Historical Data

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

Access Engineering Annual Data

Trend

Mar14

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Mar23

Accounts Payable & Accrued Expense

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5,600.20

6,031.15

8,770.81

10,665.13

8,764.50

Access Engineering 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															30,203.23	8,764.50	32,213.97	32,952.79	35,055.78

Access 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.

Access Engineering (COL:AEL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Access Engineering PLC (COL:AEL.N0000) » Definitions » Accounts Payable & Accrued Expense

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Address

No. 278, Union Place, Access Towers, Colombo, LKA, 02

Website

https://www.accessengsl.com

Access Engineering PLC is involved in the business of construction activities and the supply of construction-related services and materials. The company is divided into four segments namely The Construction segment includes the process of constructing buildings and other infrastructures; The Construction-Related Materials segment involves the Production and supply of construction-related materials such as asphalt products, quarry products, and others; The Property segment is engaged in the development of high rise buildings and The Automobile segment includes importing and distribution, or sale of motor vehicles, and spare parts. It generates a majority of its revenue from the Construction Segment. The activities of the Group are located mainly in Sri Lanka.

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