Elgi Equipments (NSE:ELGIEQUIP) Accounts Payable & Accrued Expense : ₹0 Mil (As of Dec. 2023)

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What is Elgi Equipments Accounts Payable & Accrued Expense?

Elgi Equipments's quarterly accounts payable & accrued expense increased from Jun. 2023 (₹0 Mil) to Sep. 2023 (₹3,444 Mil) but then declined from Sep. 2023 (₹3,444 Mil) to Dec. 2023 (₹0 Mil).

Elgi Equipments's annual accounts payable & accrued expense increased from Mar. 2021 (₹3,740 Mil) to Mar. 2022 (₹4,255 Mil) and increased from Mar. 2022 (₹4,255 Mil) to Mar. 2023 (₹4,342 Mil).

Elgi Equipments Accounts Payable & Accrued Expense Historical Data

The historical data trend for Elgi Equipments'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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Elgi Equipments Accounts Payable & Accrued Expense Chart

Elgi Equipments Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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3,010.99

2,612.09

3,739.53

4,254.53

4,341.83

Elgi Equipments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	4,341.83	-	3,443.78	-

Elgi Equipments 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.

Elgi Equipments (NSE:ELGIEQUIP) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elgi Equipments Ltd (NSE:ELGIEQUIP) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

522074:India

Address

Trichy Road, Elgi Industrial Complex III, Singanallur, Coimbatore, TN, IND, 641 005

Website

https://www.elgi.com

Elgi Equipments Ltd manufactures air compressors and compressed air systems. The segment in which the group operates includes Air Compressors and Automotive Equipment. Its products include piston compressors, electric lubricated screw compressors, electric oil-free screw compressors, portable compressors, railway compressors and air accessories. Geographically, it derives a majority of its revenue is from India and also has a presence in the United States of America, Italy, Australia, and Other Countries. It serves Textiles; Manufacturing; Pharmaceutical; Agriculture and Mining. The company generates maximum revenue from the Air Compressors segment.

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