Indian Railway Finance (BOM:543257) Accounts Payable & Accrued Expense : ₹113 Mil (As of Dec. 2023)

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What is Indian Railway Finance Accounts Payable & Accrued Expense?

Indian Railway Finance's quarterly accounts payable & accrued expense increased from Jun. 2023 (₹24 Mil) to Sep. 2023 (₹115 Mil) but then declined from Sep. 2023 (₹115 Mil) to Dec. 2023 (₹113 Mil).

Indian Railway Finance's annual accounts payable & accrued expense declined from Mar. 2021 (₹14,307 Mil) to Mar. 2022 (₹4,982 Mil) and declined from Mar. 2022 (₹4,982 Mil) to Mar. 2023 (₹982 Mil).

Indian Railway Finance Accounts Payable & Accrued Expense Historical Data

The historical data trend for Indian Railway Finance'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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Indian Railway Finance Accounts Payable & Accrued Expense Chart

Indian Railway Finance Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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169.88

699.71

14,307.21

4,982.14

982.38

Indian Railway Finance Quarterly Data
	Mar18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														759.65	982.38	24.25	115.12	113.15

Indian Railway Finance 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.

Indian Railway Finance (BOM:543257) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indian Railway Finance Corp Ltd (BOM:543257) » Definitions » Accounts Payable & Accrued Expense

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IRFC:India

Address

Bhisham Pitamah Marg, Lodhi Road, UG Floor, East Tower, NBCC Place, Pragati Vihar, New Delhi, IND, 110003

Website

https://irfc.co.in

Indian Railway Finance Corp Ltd is engaged in the business of borrowing funds from the financial markets to finance the acquisition/creation of assets which are then leased out to the Indian Railways or any entity under the Ministry of Railways. Its only operating segment being Leasing and Finance. The company generates maximum revenue from Lease Income.

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