Rane Brake Linings (BOM:532987) Accounts Payable & Accrued Expense : ₹635 Mil (As of Mar. 2024)

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What is Rane Brake Linings Accounts Payable & Accrued Expense?

Rane Brake Linings's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹662 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹635 Mil).

Rane Brake Linings's annual accounts payable & accrued expense declined from Mar. 2022 (₹1,460 Mil) to Mar. 2023 (₹869 Mil) and declined from Mar. 2023 (₹869 Mil) to Mar. 2024 (₹635 Mil).

Rane Brake Linings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rane Brake Linings'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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Rane Brake Linings Accounts Payable & Accrued Expense Chart

Rane Brake Linings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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1,140.10

1,336.20

1,459.70

869.10

634.50

Rane Brake Linings 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															869.10	-	661.80	-	634.50

Rane Brake Linings 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.

Rane Brake Linings (BOM:532987) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rane Brake Linings Ltd (BOM:532987) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

RBL:India

Address

Malthri, No. 132, Cathedral Road, Rane Corporate Centre, Chennai, TN, IND, 600 086

Website

https://www.ranegroup.com

Rane Brake Linings Ltd manufactures and markets auto components. The company offers products such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two-wheelers, and railways. Geographically, it derives a majority of revenue from India and also has a presence in the Rest of the World. It is engaged in activities related to the manufacture and supply of auto components for the transportation industry.

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