Somi Conveyor Beltings (BOM:533001) Accounts Payable & Accrued Expense : ₹176 Mil (As of Mar. 2024)

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What is Somi Conveyor Beltings Accounts Payable & Accrued Expense?

Somi Conveyor Beltings's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹155 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹176 Mil).

Somi Conveyor Beltings's annual accounts payable & accrued expense increased from Mar. 2022 (₹126 Mil) to Mar. 2023 (₹126 Mil) and increased from Mar. 2023 (₹126 Mil) to Mar. 2024 (₹176 Mil).

Somi Conveyor Beltings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Somi Conveyor Beltings'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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Somi Conveyor Beltings Accounts Payable & Accrued Expense Chart

Somi Conveyor Beltings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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68.50

124.22

125.55

125.72

176.40

Somi Conveyor Beltings 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															125.72	-	154.70	-	176.40

Somi Conveyor Beltings 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.

Somi Conveyor Beltings (BOM:533001) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Somi Conveyor Beltings Ltd (BOM:533001) » Definitions » Accounts Payable & Accrued Expense

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SOMICONVEY:India

Address

New Power House Road, 4 F-15, Oliver House, Near Bank of India, Jodhpur, IND, 342003

Website

https://www.somiinvestor.com

Somi Conveyor Beltings Ltd is a company engaged in the manufacture and sale of industrial conveyor belts. It offers products for the cement, sponge iron, power, and mining sectors. The product line of the company provides general-purpose, heat-resistant, fire-resistant, and oil-resistant conveyor belts. It also offers special-purpose conveyor belts, such as bulletproof, chevron, rough top, pipe conveyor, and fusion belts, as well as rubber sheets and mattings, maintenance conveyor belts, and steel cord beltings. The company operates in one single segment which is Manufacturing conveyor belts and generates revenue from the same.

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