Laugfs Gas (COL:LGL.N0000) Accounts Payable & Accrued Expense : රු5,352 Mil (As of Dec. 2023)

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What is Laugfs Gas Accounts Payable & Accrued Expense?

Laugfs Gas's quarterly accounts payable & accrued expense declined from Jun. 2023 (රු4,716 Mil) to Sep. 2023 (රු4,161 Mil) but then increased from Sep. 2023 (රු4,161 Mil) to Dec. 2023 (රු5,352 Mil).

Laugfs Gas's annual accounts payable & accrued expense increased from Mar. 2021 (රු6,482 Mil) to Mar. 2022 (රු6,827 Mil) but then declined from Mar. 2022 (රු6,827 Mil) to Mar. 2023 (රු4,596 Mil).

Laugfs Gas Accounts Payable & Accrued Expense Historical Data

The historical data trend for Laugfs Gas'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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Laugfs Gas Accounts Payable & Accrued Expense Chart

Laugfs Gas Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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5,060.44

4,389.00

6,482.48

6,826.75

4,596.26

Laugfs Gas Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5,308.52	4,596.26	4,716.26	4,161.02	5,351.87

Laugfs Gas 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.

Laugfs Gas (COL:LGL.N0000) Business Description

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LGL.X0000:Sri Lanka

Address

No. 101, Maya Avenue, Colombo, LKA, 06

Website

https://www.laugfsgas.lk

Laugfs Gas PLC is engaged in the sale of liquefied petroleum gas. The company offers LPG for industrial, commercial and domestic purposes in Sri Lanka. It operates through the following business segments: Energy, Property, and Transportation & Logistics segment. It generates the majority of revenue from the Energy segment. The energy segment includes the Selling of Liquefied Petroleum Gas and other related products. The property segment includes the Operation of a commercial property given on rent at Kirullapone. Transportation & Logistics segment includes the Operation of vessels and providing marine cargo services and the Operation of an LPG storage terminal. Geographically it operates in Sri Lanka and Bangladesh, out of which the majority is from Sri Lanka.

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