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Mahip Industries (BOM:542503) Accounts Payable & Accrued Expense : ₹87.51 Mil (As of Mar. 2023)


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What is Mahip Industries Accounts Payable & Accrued Expense?

Mahip Industries's quarterly accounts payable & accrued expense increased from Mar. 2022 (₹45.19 Mil) to Sep. 2022 (₹123.08 Mil) but then declined from Sep. 2022 (₹123.08 Mil) to Mar. 2023 (₹87.51 Mil).

Mahip Industries's annual accounts payable & accrued expense declined from Mar. 2021 (₹129.17 Mil) to Mar. 2022 (₹45.19 Mil) but then increased from Mar. 2022 (₹45.19 Mil) to Mar. 2023 (₹87.51 Mil).


Mahip Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mahip Industries'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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Mahip Industries Accounts Payable & Accrued Expense Chart

Mahip Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.68 267.57 129.17 45.19 87.51

Mahip Industries Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 129.17 68.80 45.19 123.08 87.51

Mahip Industries 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.


Mahip Industries (BOM:542503) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Makarba, S.G. Road, A-902, Safal Solitaire, Near Divya Bhaskar, Ahmedabad, GJ, IND, 380015
Mahip Industries Ltd is a manufacturer and trader of corrugated boxes. The company offers corrugated boxes for milk and biscuits, for drugs and medicines, processed and semi-processed foods, edible oils, fruits and vegetables, and for electronic goods.

Mahip Industries (BOM:542503) Headlines

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