Everest Kanto Cylinder (NSE:EKC) Accounts Payable & Accrued Expense : ₹565 Mil (As of Mar. 2024)

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What is Everest Kanto Cylinder Accounts Payable & Accrued Expense?

Everest Kanto Cylinder's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹433 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹565 Mil).

Everest Kanto Cylinder's annual accounts payable & accrued expense declined from Mar. 2022 (₹1,001 Mil) to Mar. 2023 (₹647 Mil) and declined from Mar. 2023 (₹647 Mil) to Mar. 2024 (₹565 Mil).

Everest Kanto Cylinder Accounts Payable & Accrued Expense Historical Data

The historical data trend for Everest Kanto Cylinder'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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Everest Kanto Cylinder Accounts Payable & Accrued Expense Chart

Everest Kanto Cylinder Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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709.85

770.04

1,000.86

646.51

565.40

Everest Kanto Cylinder Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															646.51	-	432.60	-	565.40

Everest Kanto Cylinder 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.

Everest Kanto Cylinder (NSE:EKC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Everest Kanto Cylinder Ltd (NSE:EKC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

532684:India

Address

Free Press Journal Marg, 204, Raheja Centre, 214, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.everestkanto.com

Everest Kanto Cylinder Ltd manufactures and fabricates metal products, except machinery and equipment. The firm is also engaged in the manufacture of high-pressure seamless gas cylinders and other cylinders, equipment, appliances, and tanks with their parts and accessories used for containing and storage of liquefied petroleum gases and other gases, liquids, and air. Its products include Industrial Cylinders, Billet Cylinder, Plate Cylinder, compressed natural gas (CNG) Cylinders, Breathing Air Cylinder, Medical Cylinders, Beverage Cylinders, and Accumulators. The company also offers a range of allied products, such as Cylinder Valves, Valve Protection Guards; Protection Caps, Trolleys, Medical Equipment, seamless cylinders for fire-fighting. Most of its revenue comes from India.

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