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Bansal Wire Industries (BOM:544209) Accounts Payable & Accrued Expense : ₹1,213 Mil (As of Sep. 2024)


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What is Bansal Wire Industries Accounts Payable & Accrued Expense?

Bansal Wire Industries's quarterly accounts payable & accrued expense increased from Sep. 2023 (₹672 Mil) to Mar. 2024 (₹730 Mil) and increased from Mar. 2024 (₹730 Mil) to Sep. 2024 (₹1,213 Mil).

Bansal Wire Industries's annual accounts payable & accrued expense declined from Mar. 2022 (₹392 Mil) to Mar. 2023 (₹226 Mil) but then increased from Mar. 2023 (₹226 Mil) to Mar. 2024 (₹730 Mil).


Bansal Wire Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Bansal Wire Industries'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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Bansal Wire Industries Accounts Payable & Accrued Expense Chart

Bansal Wire Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
300.88 391.98 225.83 730.15

Bansal Wire Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 391.98 225.83 672.06 730.15 1,213.49

Bansal Wire Industries 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.


Bansal Wire Industries Business Description

Industry
Traded in Other Exchanges
Address
Main Road, F-3, Shastri Nagar, Delhi, IND, 110052
Bansal Wire Industries Ltd is a stainless steel wire manufacturing company. Its products include high-carbon steel wire, mild steel wire (low-carbon steel wire), and stainless steel wire. The company has two reporting segments; Manufacturing & Sales and Job Work. Key revenue is generated from the Manufacturing & Sales segment.

Bansal Wire Industries Headlines

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