Shiv Texchem (BOM:544272) Accounts Payable & Accrued Expense : ₹2,996 Mil (As of Mar. 2024)

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What is Shiv Texchem Accounts Payable & Accrued Expense?

Shiv Texchem's quarterly accounts payable & accrued expense declined from Mar. 2022 (₹1,970 Mil) to Mar. 2023 (₹1,365 Mil) but then increased from Mar. 2023 (₹1,365 Mil) to Mar. 2024 (₹2,996 Mil).

Shiv Texchem's annual accounts payable & accrued expense declined from Mar. 2022 (₹1,970 Mil) to Mar. 2023 (₹1,365 Mil) but then increased from Mar. 2023 (₹1,365 Mil) to Mar. 2024 (₹2,996 Mil).

Shiv Texchem Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shiv Texchem'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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Shiv Texchem Accounts Payable & Accrued Expense Chart

Shiv Texchem Annual Data

Trend

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

1,969.57

1,365.11

2,995.88

Shiv Texchem Semi-Annual Data
	Mar22	Mar23	Mar24
Accounts Payable & Accrued Expense	1,969.57	1,365.11	2,995.88

Shiv Texchem 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.

Shiv Texchem Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shiv Texchem Ltd (BOM:544272) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Hasmukh Nagar, 602, 6th Floor, Savoy Chamber, Santacruz West, Mumbai, MH, IND, 400 054

Website

https://shivtexchem.com

Shiv Texchem Ltd is engaged in importing and distributing hydrocarbon-based chemicals of the product family viz. Acetyls, Alcohol, Aromatics, Nitriles, Monomers, Glycols Phenolic, Ketones, and Isocyanates, which are critical raw materials and inputs and have applications across a wide spectrum of industries like paints and coatings, printing inks, agro-chemical products, specialty polymers, pharmaceuticals products, and specialty industrial chemicals.

Shiv Texchem Headlines

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