Lokesh Machines (BOM:532740) Accounts Payable & Accrued Expense : ₹370 Mil (As of Mar. 2024)

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What is Lokesh Machines Accounts Payable & Accrued Expense?

Lokesh Machines's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹337 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹370 Mil).

Lokesh Machines's annual accounts payable & accrued expense increased from Mar. 2022 (₹362 Mil) to Mar. 2023 (₹364 Mil) and increased from Mar. 2023 (₹364 Mil) to Mar. 2024 (₹370 Mil).

Lokesh Machines Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lokesh Machines'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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Lokesh Machines Accounts Payable & Accrued Expense Chart

Lokesh Machines Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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332.71

352.14

361.63

364.20

370.39

Lokesh Machines 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															364.20	-	337.50	-	370.39

Lokesh Machines 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.

Lokesh Machines (BOM:532740) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lokesh Machines Ltd (BOM:532740) » Definitions » Accounts Payable & Accrued Expense

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LOKESHMACH:India

Address

B-29, EEIE, Stage-II, Balanagar, Hyderabad, TG, IND, 500037

Website

https://www.lokeshmachines.com

Lokesh Machines Ltd is engaged in the manufacturing of machine tools and components. The company manufactures machines tools such as CNC Machines, Special purpose machines, Jigs & Fixtures, Auto Components, Precision Engineering Components, and Sub-Assemblies. It operates through two segments: Machine division and Components division. The Machine division generates maximum revenue for the company.

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