Texmaco Rail & Engineering (BOM:533326) Accounts Payable & Accrued Expense : ₹7,156 Mil (As of Sep. 2024)

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What is Texmaco Rail & Engineering Accounts Payable & Accrued Expense?

Texmaco Rail & Engineering's quarterly accounts payable & accrued expense declined from Mar. 2024 (₹6,854 Mil) to Jun. 2024 (₹0 Mil) but then increased from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹7,156 Mil).

Texmaco Rail & Engineering's annual accounts payable & accrued expense increased from Mar. 2022 (₹3,260 Mil) to Mar. 2023 (₹5,914 Mil) and increased from Mar. 2023 (₹5,914 Mil) to Mar. 2024 (₹6,854 Mil).

Texmaco Rail & Engineering Accounts Payable & Accrued Expense Historical Data

The historical data trend for Texmaco Rail & Engineering'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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Texmaco Rail & Engineering Accounts Payable & Accrued Expense Chart

Texmaco Rail & Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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5,684.28

4,553.76

3,259.90

5,913.75

6,854.37

Texmaco Rail & Engineering Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5,084.86	-	6,854.37	-	7,156.28

Texmaco Rail & Engineering 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.

Texmaco Rail & Engineering Business Description

Industry

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TEXRAIL:India

Address

Belgharia, 24 Paragnas (North), Kolkata, WB, IND, 700 056

Website

https://www.texmaco.in

Texmaco Rail & Engineering Ltd is engaged in the manufacturing, selling, and providing services for Rail and Rail related products. It manufactures and supplies different types of rail wagons, and various components such as brake levers, snow plows, loco components, draw bars, bogie frames, etc. The company also provides services related to railway infrastructure and operates a steel foundry that produces various steel castings and products for the railway industry. Its business segments are; Heavy Engineering Division; Steel Foundry Division; and Rail EPC. The maximum revenue is derived from its Freight Car Division which manufactures and supplies railway freight cars, loco components, loco shells, and steel castings. Geographically, the company derives revenue predominantly from India.

Texmaco Rail & Engineering Headlines

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