Apex Spinning & Knitting Mills (DHA:APEXSPINN) Accounts Payable & Accrued Expense : BDT1,377 Mil (As of Mar. 2024)

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What is Apex Spinning & Knitting Mills Accounts Payable & Accrued Expense?

Apex Spinning & Knitting Mills's quarterly accounts payable & accrued expense increased from Sep. 2023 (BDT1,308 Mil) to Dec. 2023 (BDT1,450 Mil) but then declined from Dec. 2023 (BDT1,450 Mil) to Mar. 2024 (BDT1,377 Mil).

Apex Spinning & Knitting Mills's annual accounts payable & accrued expense increased from Jun. 2021 (BDT864 Mil) to Jun. 2022 (BDT894 Mil) and increased from Jun. 2022 (BDT894 Mil) to Jun. 2023 (BDT1,557 Mil).

Apex Spinning & Knitting Mills Accounts Payable & Accrued Expense Historical Data

The historical data trend for Apex Spinning & Knitting 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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Apex Spinning & Knitting Mills Accounts Payable & Accrued Expense Chart

Apex Spinning & Knitting Mills Annual Data

Trend

Mar14

Mar15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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823.34

645.93

864.31

894.01

1,557.05

Apex Spinning & Knitting 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															1,071.16	1,557.05	1,307.95	1,449.55	1,376.83

Apex Spinning & Knitting 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.

Apex Spinning & Knitting Mills (DHA:APEXSPINN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Apex Spinning & Knitting Mills Ltd (DHA:APEXSPINN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

18 Gulshan Avenue, Shanta Skymark, 8th & 13th Floor, Gulshan, Dhaka, BGD, 1212

Website

https://www.apexknitting.com

Apex Spinning & Knitting Mills Ltd is a Bangladesh based company that operates as a manufacturer and exporter of all kinds of textiles knitted garments. The company is principally operating in manufacturing high-quality Knit-garments for infants, children, and womenswear using fabrics produced in-house.

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