GAIL (India) (LSE:GAIA) Accounts Payable & Accrued Expense : $800 Mil (As of Mar. 2024)

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What is GAIL (India) Accounts Payable & Accrued Expense?

GAIL (India)'s quarterly accounts payable & accrued expense declined from Sep. 2023 ($840 Mil) to Dec. 2023 ($0 Mil) but then increased from Dec. 2023 ($0 Mil) to Mar. 2024 ($800 Mil).

GAIL (India)'s annual accounts payable & accrued expense increased from Mar. 2022 ($1,211 Mil) to Mar. 2023 ($1,265 Mil) but then declined from Mar. 2023 ($1,265 Mil) to Mar. 2024 ($800 Mil).

GAIL (India) Accounts Payable & Accrued Expense Historical Data

The historical data trend for GAIL (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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GAIL (India) Accounts Payable & Accrued Expense Chart

GAIL (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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914.82

1,009.66

1,211.11

1,264.51

799.75

GAIL (India) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	1,264.51	839.80	-	799.75

GAIL (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.

GAIL (India) (LSE:GAIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » GAIL (India) Ltd (LSE:GAIA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GAILF:USA GAIL:India 532155:India GAIDl:UK GAID:UK GQI:Germany

Address

16, Bhikaiji Cama Place, Gail Bhawan, R.K. Puram, New Delhi, IND, 110066

Website

https://www.gailonline.com

GAIL (India) Ltd is an Indian natural gas processing and distribution company of which the Government of India owns a majority of shares. GAIL India's core business is the sale and transmission of both natural gas and a variety of LPGs, or liquefied petroleum gases. The company segments its operations into Natural Gas Transmission; LPG Transmission; Natural Gas Trading/Marketing; Petrochemicals; LPG and Other Liquid Hydrocarbon; City Gas and Other Segments which includes GAILTEL, E&P, Power Generation and City Gas Distribution. The vast majority of revenue is from its Natural Gas Trading/Marketing segment.