AB Cotspin India (NSE:ABCOTS) Accounts Payable & Accrued Expense : ₹29 Mil (As of Sep. 2023)

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What is AB Cotspin India Accounts Payable & Accrued Expense?

AB Cotspin India's quarterly accounts payable & accrued expense increased from Sep. 2022 (₹12 Mil) to Mar. 2023 (₹52 Mil) but then declined from Mar. 2023 (₹52 Mil) to Sep. 2023 (₹29 Mil).

AB Cotspin India's annual accounts payable & accrued expense increased from Mar. 2021 (₹24 Mil) to Mar. 2022 (₹176 Mil) but then declined from Mar. 2022 (₹176 Mil) to Mar. 2023 (₹52 Mil).

AB Cotspin India Accounts Payable & Accrued Expense Historical Data

The historical data trend for AB Cotspin 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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AB Cotspin India Accounts Payable & Accrued Expense Chart

AB Cotspin India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

23.54

44.08

23.97

175.58

52.10

AB Cotspin India Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	175.58	11.87	52.10	28.93

AB Cotspin 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.

AB Cotspin India (NSE:ABCOTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » AB Cotspin India Ltd (NSE:ABCOTS) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Goniana Road, NH-54, Near lake-3, Bathinda, PB, IND, 151001

Website

https://www.abcotspin.com

AB Cotspin India Ltd has one segment of activity namely Cotton Ginning. Revenue is generated from the sale of products. The company is engaged in manufacturing cotton yarns & fabrics both combed and karded, knitted fabric, cottonseed oil and oilcake catering to the requirements of niche customers who in turn are engaged in making garments for their international buyers.

AB Cotspin India (NSE:ABCOTS) Headlines

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