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Packages (KAR:PKGS) Accounts Payable & Accrued Expense : ₨27,755 Mil (As of Mar. 2024)


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What is Packages Accounts Payable & Accrued Expense?

Packages's quarterly accounts payable & accrued expense declined from Sep. 2023 (₨31,362 Mil) to Dec. 2023 (₨17,358 Mil) but then increased from Dec. 2023 (₨17,358 Mil) to Mar. 2024 (₨27,755 Mil).

Packages's annual accounts payable & accrued expense increased from Dec. 2021 (₨7,686 Mil) to Dec. 2022 (₨14,672 Mil) and increased from Dec. 2022 (₨14,672 Mil) to Dec. 2023 (₨17,358 Mil).

Packages Accounts Payable & Accrued Expense Historical Data

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

Packages Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,821.61 5,872.15 7,685.62 14,671.54 17,357.72

Packages Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27,515.76 34,336.93 31,362.05 17,357.72 27,755.35

Packages 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.

Packages (KAR:PKGS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Packages Ltd (KAR:PKGS) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
KAR:GHGL KAR:PABC KAR:FTMM KAR:RPL KAR:GEMPAPL BALL AVY PKG AMCR IP CCK WRK SZSE:002812 DUB:SK3 XSWX:SIGN TSX:CCL.A BERY GPK REYN SON
Traded in Other Exchanges
N/A
Address
Shahrah-e-Roomi, P.O. Amer-Sidhu, Lahore, PAK, 54760
Website
https://www.packages.com.pk
Packages Ltd is a company that manufactures and sells packaging materials and tissue products & sanitary napkins. It operates through Packaging, Consumer Products, Ink, Real Estate, Paper, Paper board, and other unallocated segments. Its Business group is spread across various geographical regions which include Pakistan, Afghanistan, Bahrain, Bangladesh, Indonesia, Kenya, Mauritius, Oman, South Africa, Sri Lanka, and the UAE of which domestic country Pakistan accounts for a larger share of the revenue.

Packages (KAR:PKGS) Headlines

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