Vardhman Polytex (BOM:514175) Accounts Payable & Accrued Expense : ₹1,800 Mil (As of Sep. 2024)

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What is Vardhman Polytex Accounts Payable & Accrued Expense?

Vardhman Polytex's quarterly accounts payable & accrued expense declined from Mar. 2024 (₹2,057 Mil) to Jun. 2024 (₹0 Mil) but then increased from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹1,800 Mil).

Vardhman Polytex's annual accounts payable & accrued expense increased from Mar. 2022 (₹1,439 Mil) to Mar. 2023 (₹1,838 Mil) and increased from Mar. 2023 (₹1,838 Mil) to Mar. 2024 (₹2,057 Mil).

Vardhman Polytex Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vardhman Polytex'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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Vardhman Polytex Accounts Payable & Accrued Expense Chart

Vardhman Polytex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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1,039.92

1,145.22

1,438.76

1,837.87

2,056.52

Vardhman Polytex Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,597.97	-	2,056.52	-	1,800.02

Vardhman Polytex 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.

Vardhman Polytex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vardhman Polytex Ltd (BOM:514175) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

VARDMNPOLY:India

Address

Chandigarh Road, Vardhman Park, Ludhiana, PB, IND, 141123

Website

https://www.oswalgroup.com

Vardhman Polytex Ltd is an Indian company operating in the Textile industry. The company is engaged in the manufacturing and export of cotton fabric and branded yarn. It is also engaged in the Real Estate business. It has production facilities located in Bathinda, Ludhiana, and Nalagarh in India. The Company's principal activity is the manufacturing of yarn & garments. Its product range includes yarns, fabrics, and garments including compact yarns, Organic Cotton Yarns, Dyed Yarns, polo t-shirts, round neck t-shirts, hoodies, and sweatshirts for men, women, and kids. It generates the majority of the revenue from the Textile Business. Geographically it covers the Indian and International Market.

Vardhman Polytex Headlines

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