Rane Holdings (NSE:RANEHOLDIN) Accounts Payable & Accrued Expense : ₹4,228 Mil (As of Mar. 2024)

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What is Rane Holdings Accounts Payable & Accrued Expense?

Rane Holdings's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹4,679 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹4,228 Mil).

Rane Holdings's annual accounts payable & accrued expense declined from Mar. 2022 (₹5,744 Mil) to Mar. 2023 (₹5,594 Mil) and declined from Mar. 2023 (₹5,594 Mil) to Mar. 2024 (₹4,228 Mil).

Rane Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rane Holdings'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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Rane Holdings Accounts Payable & Accrued Expense Chart

Rane Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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3,739.20

5,206.20

5,744.00

5,593.60

4,227.50

Rane Holdings 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															5,593.60	-	4,679.00	-	4,227.50

Rane Holdings 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.

Rane Holdings (NSE:RANEHOLDIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rane Holdings Ltd (NSE:RANEHOLDIN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

505800:India

Address

Maithri 132, Cathedral Road, Chennai, TN, IND, 600 086

Website

https://www.ranegroup.com

Rane Holdings Ltd is engaged in the manufacturing and marketing of automotive components for the transportation industry. It also provides consultancy and other services to the Group. The group supplies to various sections of the automobile industry including passenger vehicles, commercial vehicles, farm tractors, two-wheelers, three-wheelers, railways, and stationary engines. Steering and suspension systems, Friction material components, Valve train components, Occupant safety systems, Aluminium diecast components, and others are the products offered by the company. It derives revenue from India and the Rest of the world, of which key revenue is generated with in India.

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