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Australian Premium Solar (India) (NSE:APS) Accounts Payable & Accrued Expense : ₹193.0 Mil (As of Mar. 2023)


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What is Australian Premium Solar (India) Accounts Payable & Accrued Expense?

Australian Premium Solar (India)'s quarterly accounts payable & accrued expense declined from Mar. 2021 (₹195.2 Mil) to Mar. 2022 (₹150.8 Mil) but then increased from Mar. 2022 (₹150.8 Mil) to Mar. 2023 (₹193.0 Mil).

Australian Premium Solar (India)'s annual accounts payable & accrued expense declined from Mar. 2021 (₹195.2 Mil) to Mar. 2022 (₹150.8 Mil) but then increased from Mar. 2022 (₹150.8 Mil) to Mar. 2023 (₹193.0 Mil).


Australian Premium Solar (India) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Australian Premium Solar (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.

* Premium members only.

Australian Premium Solar (India) Accounts Payable & Accrued Expense Chart

Australian Premium Solar (India) Annual Data
Trend Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
195.23 150.83 192.95

Australian Premium Solar (India) Semi-Annual Data
Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense 195.23 150.83 192.95

Australian Premium Solar (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.


Australian Premium Solar (India) (NSE:APS) Business Description

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Australian Premium Solar (India) Ltd is engaged in the manufacturing of Solar Panels and EPC Services of solar systems. It manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) Polycrystalline Solar Panel. It also provide installation services for solar panels and solar pumps. Majority of the revenue is generated from manufacturing of solar panels.

Australian Premium Solar (India) (NSE:APS) Headlines

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