Pak Elektron (KAR:PAEL) Accounts Payable & Accrued Expense : ₨4,128 Mil (As of Mar. 2024)

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What is Pak Elektron Accounts Payable & Accrued Expense?

Pak Elektron's quarterly accounts payable & accrued expense declined from Sep. 2023 (₨5,434 Mil) to Dec. 2023 (₨2,963 Mil) but then increased from Dec. 2023 (₨2,963 Mil) to Mar. 2024 (₨4,128 Mil).

Pak Elektron's annual accounts payable & accrued expense declined from Dec. 2021 (₨1,325 Mil) to Dec. 2022 (₨1,288 Mil) but then increased from Dec. 2022 (₨1,288 Mil) to Dec. 2023 (₨2,963 Mil).

Pak Elektron Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pak Elektron'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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Pak Elektron Accounts Payable & Accrued Expense Chart

Pak Elektron Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,093.00

1,268.52

1,324.53

1,287.54

2,962.73

Pak Elektron 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															2,222.53	3,666.11	5,434.44	2,962.73	4,128.15

Pak Elektron 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.

Pak Elektron (KAR:PAEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pak Elektron Ltd (KAR:PAEL) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

14-Km, Ferozepur Road, G.P.O. Box 1614, Lahore, PAK, 54760

Website

https://www.pel.com.pk

Pak Elektron Ltd is a company that engages in the manufacturing and sale of electrical capital goods and domestic appliances. It operates through the following divisions: Power and Appliances: The Power division manufactures and distributes transformers, switchgear, energy meters and engineering, procurement and construction (EPC) contracting; The Appliances division manufactures, assembles, and distributes refrigerators, deep freezers, air conditioners, microwave ovens, LED televisions, washing machines, water dispensers, and other domestic appliances. The group generates maximum revenue from the Appliances division.

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