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Divgi TorqTransfer Systems (BOM:543812) Accounts Payable & Accrued Expense : ₹412 Mil (As of Mar. 2024)


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What is Divgi TorqTransfer Systems Accounts Payable & Accrued Expense?

Divgi TorqTransfer Systems's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹611 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹412 Mil).

Divgi TorqTransfer Systems's annual accounts payable & accrued expense increased from Mar. 2022 (₹481 Mil) to Mar. 2023 (₹673 Mil) but then declined from Mar. 2023 (₹673 Mil) to Mar. 2024 (₹412 Mil).


Divgi TorqTransfer Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for Divgi TorqTransfer Systems'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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Divgi TorqTransfer Systems Accounts Payable & Accrued Expense Chart

Divgi TorqTransfer Systems Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
318.93 521.31 480.72 672.55 411.68

Divgi TorqTransfer Systems Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 672.55 - 611.32 - 411.68

Divgi TorqTransfer Systems 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.


Divgi TorqTransfer Systems (BOM:543812) Business Description

Traded in Other Exchanges
Address
MIDC, Bhosari, Plot No. 75, General Block, Pune, MH, IND, 411026
Divgi TorqTransfer Systems Ltd is engaged in the business as an automotive component entity. It develops and provides system level transfer case, torque coupler and dual clutch automatic transmissions solutions. The Company operates only in one business segment viz. Auto Components and Parts. The secondary segment is based on geographical demarcation, i.e. domestic and exports.

Divgi TorqTransfer Systems (BOM:543812) Headlines

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