Aartech Solonics (BOM:542580) Accounts Payable & Accrued Expense : ₹57.5 Mil (As of Mar. 2024)

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What is Aartech Solonics Accounts Payable & Accrued Expense?

Aartech Solonics's quarterly accounts payable & accrued expense increased from Mar. 2023 (₹43.5 Mil) to Sep. 2023 (₹80.1 Mil) but then declined from Sep. 2023 (₹80.1 Mil) to Mar. 2024 (₹57.5 Mil).

Aartech Solonics's annual accounts payable & accrued expense increased from Mar. 2022 (₹24.1 Mil) to Mar. 2023 (₹43.5 Mil) and increased from Mar. 2023 (₹43.5 Mil) to Mar. 2024 (₹57.5 Mil).

Aartech Solonics Accounts Payable & Accrued Expense Historical Data

The historical data trend for Aartech Solonics'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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Aartech Solonics Accounts Payable & Accrued Expense Chart

Aartech Solonics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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18.58

24.14

43.49

57.50

Aartech Solonics Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											24.14	39.25	43.49	80.11	57.50

Aartech Solonics 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.

Aartech Solonics (BOM:542580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aartech Solonics Ltd (BOM:542580) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

AARTECH:India

Address

E-2/57, Ashirvad, Arera Colony, Bhopal, MP, IND, 462016

Website

https://www.aartechsolonics.com

Aartech Solonics Ltd is a system solution-oriented research and development enterprise in the field of specialized and selected energy appliances. The company is involved in the manufacturing of electricity distribution and control apparatus such as switches, fuses, voltage limiters, surge suppressors, junction boxes and others for a voltage exceeding 1000 volts; similar apparatus including relays, sockets and others for a voltage not exceeding 1000 volts; boards, panels, consoles, cabinets and other bases equipped with two or more of the above apparatus for electricity control or distribution of electricity including power capacitors. It serves Renewable Energy; Power; Heavy Engineering; Defense and Exploration; Helth Care; Information Technology and Telecom; and other industries.

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