Cholamandalam Investment and Finance Co (BOM:511243) Accounts Payable & Accrued Expense : ₹16,340 Mil (As of Mar. 2024)

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What is Cholamandalam Investment and Finance Co Accounts Payable & Accrued Expense?

Cholamandalam Investment and Finance Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹15,989 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹16,340 Mil).

Cholamandalam Investment and Finance Co's annual accounts payable & accrued expense increased from Mar. 2022 (₹8,483 Mil) to Mar. 2023 (₹12,366 Mil) and increased from Mar. 2023 (₹12,366 Mil) to Mar. 2024 (₹16,340 Mil).

Cholamandalam Investment and Finance Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cholamandalam Investment and Finance Co'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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Cholamandalam Investment and Finance Co Accounts Payable & Accrued Expense Chart

Cholamandalam Investment and Finance Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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3,206.90

6,843.60

8,483.00

12,365.80

16,339.50

Cholamandalam Investment and Finance Co 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															12,365.80	-	15,989.20	-	16,339.50

Cholamandalam Investment and Finance Co 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.

Cholamandalam Investment and Finance Co (BOM:511243) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Cholamandalam Investment and Finance Co Ltd (BOM:511243) » Definitions » Accounts Payable & Accrued Expense

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CHOLAFIN:India

Address

No.2, N.S.C. Bose Road, Parrys, Dare House, 1st Floor, Chennai, TN, IND, 600001

Website

https://www.cholamandalam.com

Cholamandalam Investment and Finance Co Ltd serve as the financial services arm of the Murugappa Group. Its subsidiaries include Cholamandalam Securities Limited (CSEC) and Cholamandalam Home Finance Limited (CHFL). The company's operating segments include Vehicle finance loans, which provide loans for the purchase of vehicles, tractors, and construction equipment. Home Loans include loans given for the acquisition of residential property. Loan against property which includes Loans to the customer against immovable property and Other loans, including loans against shares and SME loans. The company also offers investment advisory and stockbroking services. It operates solely in India.

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