Royale Manor Hotels & Industries (BOM:526640) Accounts Payable & Accrued Expense : ₹32.4 Mil (As of Mar. 2024)

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What is Royale Manor Hotels & Industries Accounts Payable & Accrued Expense?

Royale Manor Hotels & Industries's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹31.3 Mil) to Dec. 2023 (₹0.0 Mil) but then increased from Dec. 2023 (₹0.0 Mil) to Mar. 2024 (₹32.4 Mil).

Royale Manor Hotels & Industries's annual accounts payable & accrued expense increased from Mar. 2022 (₹20.8 Mil) to Mar. 2023 (₹23.5 Mil) and increased from Mar. 2023 (₹23.5 Mil) to Mar. 2024 (₹32.4 Mil).

Royale Manor Hotels & Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Royale Manor Hotels & Industries'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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Royale Manor Hotels & Industries Accounts Payable & Accrued Expense Chart

Royale Manor Hotels & Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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34.99

23.17

20.78

23.54

32.44

Royale Manor Hotels & Industries 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															23.54	-	31.31	-	32.44

Royale Manor Hotels & Industries 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.

Royale Manor Hotels & Industries (BOM:526640) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royale Manor Hotels & Industries Ltd (BOM:526640) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

International Airport Circle, Ahmedabad, IND, 382475

Website

http://www.rmhil.com

Royale Manor Hotels & Industries Ltd is an India-based company engaged in short-term accommodation activities, Restaurants without bars, and Event catering business. The company operates a five-star hotel in Ahmedabad. It has only one segment; the Hotel business and within one geographical segment; India.

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