Matin Spinning Mills (DHA:MATINSPINN) Accounts Payable & Accrued Expense : BDT415 Mil (As of Dec. 2023)

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What is Matin Spinning Mills Accounts Payable & Accrued Expense?

Matin Spinning Mills's quarterly accounts payable & accrued expense increased from Jun. 2023 (BDT211 Mil) to Sep. 2023 (BDT351 Mil) and increased from Sep. 2023 (BDT351 Mil) to Dec. 2023 (BDT415 Mil).

Matin Spinning Mills's annual accounts payable & accrued expense increased from Jun. 2021 (BDT111 Mil) to Jun. 2022 (BDT127 Mil) and increased from Jun. 2022 (BDT127 Mil) to Jun. 2023 (BDT211 Mil).

Matin Spinning Mills Accounts Payable & Accrued Expense Historical Data

The historical data trend for Matin Spinning Mills'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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Matin Spinning Mills Accounts Payable & Accrued Expense Chart

Matin Spinning Mills Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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77.38

103.38

110.87

127.17

211.32

Matin Spinning Mills 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															344.43	236.75	211.32	350.75	415.31

Matin Spinning Mills 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.

Matin Spinning Mills (DHA:MATINSPINN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Matin Spinning Mills PLC (DHA:MATINSPINN) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Road 03, House 50, Capita South Avenue Tower, 6th Floor, 7 Gulshan Avenue, Gulshan-1, Dhaka, BGD, 1212

Website

https://www.matinspinning.com

Matin Spinning Mills PLC manufactures and sells all types of Cotton, Viscose, Polyester, Melange and their blend in Bangladesh. The company's manufacturing plant is located at Sardagonj, Dhaka, Bangladesh.

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