Shubham Polyspin (BOM:542019) Accounts Payable & Accrued Expense : ₹0.0 Mil (As of Dec. 2023)

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What is Shubham Polyspin Accounts Payable & Accrued Expense?

Shubham Polyspin's quarterly accounts payable & accrued expense increased from Jun. 2023 (₹0.0 Mil) to Sep. 2023 (₹24.1 Mil) but then declined from Sep. 2023 (₹24.1 Mil) to Dec. 2023 (₹0.0 Mil).

Shubham Polyspin's annual accounts payable & accrued expense increased from Mar. 2021 (₹11.3 Mil) to Mar. 2022 (₹37.8 Mil) but then declined from Mar. 2022 (₹37.8 Mil) to Mar. 2023 (₹16.3 Mil).

Shubham Polyspin Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shubham Polyspin'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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Shubham Polyspin Accounts Payable & Accrued Expense Chart

Shubham Polyspin Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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25.75

18.68

11.31

37.76

16.25

Shubham Polyspin Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	16.25	-	24.14	-

Shubham Polyspin 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.

Shubham Polyspin (BOM:542019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shubham Polyspin Ltd (BOM:542019) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Jetpura - Basantpura Road, Block No. 748, Saket Industrial Estate, Near Kaneria Oil Mill, Village Borisana, Taluka Kadi, Mahesana, GJ, IND, 382728

Website

https://www.shubhampolyspin.com

Shubham Polyspin Ltd is an India based textile company. The company is engaged in the manufacturing of Multifilament yarns. Its products offerings include Polypropylene multifilament yarn (twisted and air intermingled yarn), Shubhlon bag closing threads, and PP webbings and narrow woven fabrics. The company operates in India and sells products under the brand name Shubhlon.

Shubham Polyspin (BOM:542019) Headlines

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