Ratnaveer Precision Engineering (BOM:543978) Accounts Payable & Accrued Expense : ₹0 Mil (As of Jun. 2024)

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What is Ratnaveer Precision Engineering Accounts Payable & Accrued Expense?

Ratnaveer Precision Engineering's quarterly accounts payable & accrued expense increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹440 Mil) but then declined from Mar. 2024 (₹440 Mil) to Jun. 2024 (₹0 Mil).

Ratnaveer Precision Engineering's annual accounts payable & accrued expense declined from Mar. 2022 (₹413 Mil) to Mar. 2023 (₹374 Mil) but then increased from Mar. 2023 (₹374 Mil) to Mar. 2024 (₹440 Mil).

Ratnaveer Precision Engineering Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ratnaveer Precision Engineering'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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Ratnaveer Precision Engineering Accounts Payable & Accrued Expense Chart

Ratnaveer Precision Engineering Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

364.58

357.71

412.69

374.33

439.55

Ratnaveer Precision Engineering Quarterly Data
	Mar20	Mar21	Mar22	Aug22	Dec22	Mar23	Jun23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					374.33	-	-	439.55	-

Ratnaveer Precision Engineering 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.

Ratnaveer Precision Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ratnaveer Precision Engineering Ltd (BOM:543978) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

RATNAVEER:India

Address

Plot no. E-77, G.I.D.C, Savli (Manjusar), Vadodara, GJ, IND, 391 775

Website

https://www.ratnaveer.com

Ratnaveer Precision Engineering Ltd is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. It manufactures finishing sheets, washers and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process where Unit III is the melting unit where the company melts steel scrap and turns it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into sheets which are the raw material for washers.

Ratnaveer Precision Engineering Headlines

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