Welcast Steels (BOM:504988) Accounts Payable & Accrued Expense : ₹77.3 Mil (As of Mar. 2024)

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What is Welcast Steels Accounts Payable & Accrued Expense?

Welcast Steels's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹79.3 Mil) to Dec. 2023 (₹0.0 Mil) but then increased from Dec. 2023 (₹0.0 Mil) to Mar. 2024 (₹77.3 Mil).

Welcast Steels's annual accounts payable & accrued expense increased from Mar. 2022 (₹68.5 Mil) to Mar. 2023 (₹81.9 Mil) but then declined from Mar. 2023 (₹81.9 Mil) to Mar. 2024 (₹77.3 Mil).

Welcast Steels Accounts Payable & Accrued Expense Historical Data

The historical data trend for Welcast Steels'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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Welcast Steels Accounts Payable & Accrued Expense Chart

Welcast Steels Annual Data

Trend

Mar15

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Mar17

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Mar19

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Mar21

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Mar24

Accounts Payable & Accrued Expense

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85.83

45.47

68.54

81.88

77.29

Welcast Steels 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															-	81.88	79.32	-	77.29

Welcast Steels 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.

Welcast Steels (BOM:504988) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Welcast Steels Ltd (BOM:504988) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 15, Phase I, Peenya Industrial Area, Banglore, KA, IND, 560 058

Website

http://www.welcaststeels.com

Welcast Steels Ltd is engaged in the manufacturing and marketing of chrome grinding media balls. The company products are used in Cement and Mining Industry. It exports its products to other countries like USA, U.A.E., Japan, Australia, Thailand, Sri Lanka, UK, Bangladesh, Indonesia, Oman, Qatar, Philippines, Slovakia, Hong Kong, Canada, Bulgaria, and Vietnam. The company primarily operates in only one segment namely the manufacturing of High Chrome Grinding Media Balls.

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