Chaman Metallics (NSE:CMNL) Accounts Payable & Accrued Expense : ₹138 Mil (As of Mar. 2024)

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What is Chaman Metallics Accounts Payable & Accrued Expense?

Chaman Metallics's quarterly accounts payable & accrued expense declined from Sep. 2022 (₹209 Mil) to Mar. 2023 (₹108 Mil) but then increased from Mar. 2023 (₹108 Mil) to Mar. 2024 (₹138 Mil).

Chaman Metallics's annual accounts payable & accrued expense increased from Mar. 2022 (₹50 Mil) to Mar. 2023 (₹108 Mil) and increased from Mar. 2023 (₹108 Mil) to Mar. 2024 (₹138 Mil).

Chaman Metallics Accounts Payable & Accrued Expense Historical Data

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

Chaman Metallics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

93.18

132.10

49.85

108.32

138.17

Chaman Metallics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			132.10	49.85	208.99	108.32	138.17

Chaman Metallics 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.

Chaman Metallics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chaman Metallics Ltd (NSE:CMNL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Samta Colony, Agrawal Complex, Opp. Pandey Nursing Home, Raipur, CT, IND, 492001

Website

https://www.cmlgrgroup.com

Chaman Metallics Ltd is engaged in the business of selling Iron and Steel. The company is engaged in manufacturing and selling Direct Reduced Iron (i.e. sponge iron) which is used as a raw material for making steel in electric arc furnaces and induction furnaces.

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