Jai Balaji Industries (NSE:JAIBALAJI) Accounts Payable & Accrued Expense : ₹8,705 Mil (As of Mar. 2024)

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What is Jai Balaji Industries Accounts Payable & Accrued Expense?

Jai Balaji Industries's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹8,905 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹8,705 Mil).

Jai Balaji Industries's annual accounts payable & accrued expense increased from Mar. 2022 (₹10,782 Mil) to Mar. 2023 (₹11,887 Mil) but then declined from Mar. 2023 (₹11,887 Mil) to Mar. 2024 (₹8,705 Mil).

Jai Balaji Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jai Balaji Industries'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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Jai Balaji Industries Accounts Payable & Accrued Expense Chart

Jai Balaji Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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10,090.11

10,606.02

10,782.46

11,886.87

8,704.83

Jai Balaji Industries 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															11,886.87	-	8,905.23	-	8,704.83

Jai Balaji Industries 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.

Jai Balaji Industries (NSE:JAIBALAJI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jai Balaji Industries Ltd (NSE:JAIBALAJI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

532976:India

Address

5, Bentinck Street, 1st Floor, Kolkata, WB, IND, 700 001

Website

http://www.jaibalajigroup.com

Jai Balaji Industries Ltd is an India based iron and steel manufacturing company. It manufactures Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke, and Sinter. The company is engaged in a single reportable segment of Iron and Steel. Geographically, it has a business presence in India and also exports it to other countries, of which key revenue is derived from India.

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