Alpex Solar (NSE:ALPEXSOLAR) Accounts Payable & Accrued Expense : ₹400 Mil (As of Sep. 2023)

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What is Alpex Solar Accounts Payable & Accrued Expense?

Alpex Solar's quarterly accounts payable & accrued expense increased from Mar. 2022 (₹238 Mil) to Mar. 2023 (₹265 Mil) and increased from Mar. 2023 (₹265 Mil) to Sep. 2023 (₹400 Mil).

Alpex Solar's annual accounts payable & accrued expense declined from Mar. 2021 (₹265 Mil) to Mar. 2022 (₹238 Mil) but then increased from Mar. 2022 (₹238 Mil) to Mar. 2023 (₹265 Mil).

Alpex Solar Accounts Payable & Accrued Expense Historical Data

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

Alpex Solar Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

265.27

237.83

264.69

Alpex Solar Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
Accounts Payable & Accrued Expense	265.27	237.83	264.69	399.66

Alpex Solar 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.

Alpex Solar Business Description

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Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. Company portfolio of solar energy products consists of bifacial, mono perc, Halfcut solar PV modules and also provide integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories.

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