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GAIL (India) (LSE:GAID) Accounts Payable & Accrued Expense : $768 Mil (As of Sep. 2024)


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What is GAIL (India) Accounts Payable & Accrued Expense?

GAIL (India)'s quarterly accounts payable & accrued expense declined from Mar. 2024 ($1,313 Mil) to Jun. 2024 ($0 Mil) but then increased from Jun. 2024 ($0 Mil) to Sep. 2024 ($768 Mil).

GAIL (India)'s annual accounts payable & accrued expense increased from Mar. 2022 ($1,211 Mil) to Mar. 2023 ($1,265 Mil) and increased from Mar. 2023 ($1,265 Mil) to Mar. 2024 ($1,313 Mil).

GAIL (India) Accounts Payable & Accrued Expense Historical Data

The historical data trend for GAIL (India)'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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GAIL (India) Accounts Payable & Accrued Expense Chart

GAIL (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 914.82 1,009.66 1,211.11 1,264.51 1,312.92

GAIL (India) Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 839.80 - 1,312.92 - 768.25

GAIL (India) 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.

GAIL (India) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » GAIL (India) Ltd (LSE:GAID) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
BOM:542066 BOM:539336 BOM:532514 BOM:532702 NSE:MGL BOM:544004 BOM:526873 BOM:539991 ATO XMAD:NTGY NI MIL:SRG HKSE:00003 TSE:9531 HKSE:01193 TSE:9532 XKLS:6033 HKSE:02688 UGI ASX:APA
Traded in Other Exchanges
GAILF:USA GAIL:India 532155:India GAIDl:UK GQI:Germany
Address
16, Bhikaiji Cama Place, Gail Bhawan, R.K. Puram, New Delhi, IND, 110066
Website
https://www.gailonline.com
GAIL (India) Ltd is an Indian natural gas processing and distribution company of which the Government of India owns a majority of shares. GAIL India's core business is the sale and transmission of both natural gas and a variety of LPGs, or liquefied petroleum gases. The company segments its operations into Natural Gas Transmission; LPG Transmission; Natural Gas Marketing; Petrochemicals; LPG and Other Liquid Hydrocarbon; City Gas and Other Segments which includes GAILTEL, E&P, Power Generation and City Gas Distribution. The vast majority of revenue is from its Natural Gas Marketing segment.

GAIL (India) Headlines

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