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Hitech (NSE:HITECHCORP) Accounts Payable & Accrued Expense : ₹200 Mil (As of Mar. 2024)


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What is Hitech Accounts Payable & Accrued Expense?

Hitech's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹198 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹200 Mil).

Hitech's annual accounts payable & accrued expense declined from Mar. 2022 (₹261 Mil) to Mar. 2023 (₹217 Mil) and declined from Mar. 2023 (₹217 Mil) to Mar. 2024 (₹200 Mil).

Hitech Accounts Payable & Accrued Expense Historical Data

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

Hitech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 225.76 260.63 261.42 217.03 200.39

Hitech 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 217.03 - 198.12 - 200.39

Hitech 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.

Hitech (NSE:HITECHCORP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Hitech Corp Ltd (NSE:HITECHCORP) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
526217:India
Address
Senapati Bapat Marg, Unit No. 201, 2nd Floor, Welspun House, Kamala City, Lower Parel (West), Mumbai, MH, IND, 400 013
Website
https://www.hitechgroup.com
Hitech Corp Ltd is an India-based company engaged in the manufacturing of packaging products of plastics. It has several manufacturing facilities in India and caters to various industries. The company's product includes paint and coating, personal care, food and beverages, healthcare, construction chemicals and adhesives, agrochemical, and lubricant.

Hitech (NSE:HITECHCORP) Headlines

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