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Vineet Laboratories (BOM:543298) Accounts Payable & Accrued Expense : ₹313 Mil (As of Jun. 2024)


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What is Vineet Laboratories Accounts Payable & Accrued Expense?

Vineet Laboratories's quarterly accounts payable & accrued expense increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹348 Mil) but then declined from Mar. 2024 (₹348 Mil) to Jun. 2024 (₹313 Mil).

Vineet Laboratories's annual accounts payable & accrued expense declined from Mar. 2022 (₹658 Mil) to Mar. 2023 (₹376 Mil) and declined from Mar. 2023 (₹376 Mil) to Mar. 2024 (₹348 Mil).

Vineet Laboratories Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vineet Laboratories'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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Vineet Laboratories Accounts Payable & Accrued Expense Chart

Vineet Laboratories Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial - 583.18 657.87 375.56 348.00

Vineet Laboratories Quarterly Data
Mar17 Mar18 Mar19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 402.65 421.94 - 348.00 312.50

Vineet Laboratories 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.

Vineet Laboratories Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vineet Laboratories Ltd (BOM:543298) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
VINEETLAB:India
Address
5-5-160, Malleswari Nilayam, Opposite Vishnu Theatre, Chintalakunta, L.B.Nagar, Hyderabad, TG, IND, 500 074
Website
https://www.vineetlabs.co.in
Vineet Laboratories Ltd Formerly known as Ortin Laboratories Limited, Unit-II is engaged in the business of Pharmaceutical intermediates and Fine chemicals. The products of the companies include Dimethyl phenoxy acetyl chloride, Dimethyl Phenoxy Acetic Acid, Isopropyl-beta-D-thiogalactopyranoside and Nitrophenyl phosphate disodium salt among others. Geographically, the company operates within India and outside India, with a majority of revenue coming from India. The company has one business segment, manufacture of Drug Intermediates & Bulk Dugs.

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