Riba Textiles (BOM:531952) Accounts Payable & Accrued Expense : ₹130 Mil (As of Mar. 2024)

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What is Riba Textiles Accounts Payable & Accrued Expense?

Riba Textiles's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹124 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹130 Mil).

Riba Textiles's annual accounts payable & accrued expense increased from Mar. 2022 (₹148 Mil) to Mar. 2023 (₹151 Mil) but then declined from Mar. 2023 (₹151 Mil) to Mar. 2024 (₹130 Mil).

Riba Textiles Accounts Payable & Accrued Expense Historical Data

The historical data trend for Riba Textiles'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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Riba Textiles Accounts Payable & Accrued Expense Chart

Riba Textiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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113.94

246.92

148.05

150.63

130.20

Riba Textiles 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															150.63	-	123.66	-	130.20

Riba Textiles 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.

Riba Textiles (BOM:531952) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Riba Textiles Ltd (BOM:531952) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Assandh Road, Kishore House, Panipat, HR, IND, 132103

Website

https://www.ribatextiles.com

Riba Textiles Ltd is engaged in manufacturing and export of terry towels. It produces bath towels, beach towels, and tufted bath mats. The company's product portfolio includes SPA towels, Yarn dyed towels, Plain dyed towels, Printed border towels, Embroidered towels, Bathrobes, Double jacquard towels, Weft insert rapier towels, Sublistatic printed towels, Yarn dyed and piece dyed tufted bath mats, and beach accessories.

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