Loyal Textile Mills (BOM:514036) Accounts Payable & Accrued Expense : ₹1,666 Mil (As of Mar. 2024)

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What is Loyal Textile Mills Accounts Payable & Accrued Expense?

Loyal Textile Mills's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹1,903 Mil) to Dec. 2023 (₹1,499 Mil) but then increased from Dec. 2023 (₹1,499 Mil) to Mar. 2024 (₹1,666 Mil).

Loyal Textile Mills's annual accounts payable & accrued expense declined from Mar. 2022 (₹2,849 Mil) to Mar. 2023 (₹2,509 Mil) and declined from Mar. 2023 (₹2,509 Mil) to Mar. 2024 (₹1,666 Mil).

Loyal Textile Mills Accounts Payable & Accrued Expense Historical Data

The historical data trend for Loyal Textile Mills'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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Loyal Textile Mills Accounts Payable & Accrued Expense Chart

Loyal Textile Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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3,082.30

3,264.40

2,849.01

2,508.56

1,665.92

Loyal Textile Mills 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															2,508.56	-	1,903.00	1,498.70	1,665.92

Loyal Textile Mills 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.

Loyal Textile Mills Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Loyal Textile Mills Ltd (BOM:514036) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

LOYALTEX:India

Address

1st Main Road, No. 83, R. A. Puram, Mandaveli, Chennai, TN, IND, 600028

Website

https://www.loyaltextiles.com

Loyal Textile Mills Ltd is an India-based company that provides various products and services for the textile and apparel industries. It is engaged in the manufacturing of yarn, woven fabric, knitted fabric, and technical clothing. The company operates in two business segments that are manufacturing and trading activities. Its main products are yarn, cloth, and hosiery cloth. The manufacturing of cloth and hosiery cloth generates maximum revenue for the company. Geographically the company exports its product to Asia, Europe, America, and others; out of which the Asia region generates maximum revenue for the company.

Loyal Textile Mills Headlines

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