Aeron Composite (NSE:AERON) Accounts Payable & Accrued Expense : ₹247 Mil (As of Mar. 2023)

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What is Aeron Composite Accounts Payable & Accrued Expense?

Aeron Composite's quarterly accounts payable & accrued expense increased from Mar. 2021 (₹191 Mil) to Mar. 2022 (₹289 Mil) but then declined from Mar. 2022 (₹289 Mil) to Mar. 2023 (₹247 Mil).

Aeron Composite's annual accounts payable & accrued expense increased from Mar. 2021 (₹191 Mil) to Mar. 2022 (₹289 Mil) but then declined from Mar. 2022 (₹289 Mil) to Mar. 2023 (₹247 Mil).

Aeron Composite Accounts Payable & Accrued Expense Historical Data

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

Aeron Composite Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

190.65

289.44

246.67

Aeron Composite Semi-Annual Data
	Mar21	Mar22	Mar23
Accounts Payable & Accrued Expense	190.65	289.44	246.67

Aeron Composite 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.

Aeron Composite Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Aeron Composite Ltd (NSE:AERON) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sarkhej Bavla Highway, Saket Industrial Estate, Plot No. 30/31, Opposite HOF Furniture, Changodar, Moraiya, GJ, IND, 382213

Website

https://www.aeroncomposite.com

Aeron Composite Ltd is engaged in the business of manufacturing and supplying ceramic refractories, FRP/GRP composites, ceramic tiles, waterjet and laser cutting machines, paints, and lime. It offers complete solutions which include conceptual design, prototype development, testing, manufacturing, logistic support, installation, and comprehensive after sales service. The company's products are used in various markets and applications such as water and waste water, metals and mining, oil and gas, pulp and paper, transportation, telecommunications, pharmaceutical, chemical, etc. Geographically, it caters to both the domestic and the international markets of which, maximum revenue is derived from its customers located outside India.

Aeron Composite Headlines

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