Aries Agro (BOM:532935) Accounts Payable & Accrued Expense : ₹476 Mil (As of Mar. 2024)

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What is Aries Agro Accounts Payable & Accrued Expense?

Aries Agro's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹807 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹476 Mil).

Aries Agro's annual accounts payable & accrued expense increased from Mar. 2022 (₹946 Mil) to Mar. 2023 (₹958 Mil) but then declined from Mar. 2023 (₹958 Mil) to Mar. 2024 (₹476 Mil).

Aries Agro Accounts Payable & Accrued Expense Historical Data

The historical data trend for Aries Agro'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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Aries Agro Accounts Payable & Accrued Expense Chart

Aries Agro Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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702.74

675.53

946.40

958.22

475.83

Aries Agro 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															958.22	-	806.71	-	475.83

Aries Agro 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.

Aries Agro (BOM:532935) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Aries Agro Ltd (BOM:532935) » Definitions » Accounts Payable & Accrued Expense

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ARIES:India

Address

Aries House, Plot Number 24, Deonar, Govandi (East), Mumbai, MH, IND, 400043

Website

https://www.ariesagro.com

Aries Agro Ltd is involved in the business of manufacturing of micronutrients and other customized nutritional products for plants and animals. The organization has only one business segment, Agri inputs. The company also deals in Veterinary products on a small scale. It has also started dealing and manufacturing Soluble fertilizers and Sulphur based fertilizers. Some of the products produced by the company are agromin soil application, ASA max powder, ASA granules, Chelamin, macrofert, chelacop, and fishmin.

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