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HOAC Foods India (NSE:HOACFOODS) Accounts Payable & Accrued Expense : ₹11.4 Mil (As of Mar. 2023)


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What is HOAC Foods India Accounts Payable & Accrued Expense?

HOAC Foods India's quarterly accounts payable & accrued expense increased from Mar. 2021 (₹4.0 Mil) to Mar. 2022 (₹9.9 Mil) and increased from Mar. 2022 (₹9.9 Mil) to Mar. 2023 (₹11.4 Mil).

HOAC Foods India's annual accounts payable & accrued expense increased from Mar. 2021 (₹4.0 Mil) to Mar. 2022 (₹9.9 Mil) and increased from Mar. 2022 (₹9.9 Mil) to Mar. 2023 (₹11.4 Mil).


HOAC Foods India Accounts Payable & Accrued Expense Historical Data

The historical data trend for HOAC Foods India'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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HOAC Foods India Accounts Payable & Accrued Expense Chart

HOAC Foods India Annual Data
Trend Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
4.04 9.94 11.39

HOAC Foods India Semi-Annual Data
Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense 4.04 9.94 11.39

HOAC Foods India 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.


HOAC Foods India Business Description

Traded in Other Exchanges
N/A
Address
D-498, 1st Floor Palam Extension, Sector-7 Dwarka, Raj Nagar - II, South West Delhi, New Delhi, IND, 110077
HOAC Foods India Ltd is engaged in the manufacturing of flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil. Its product portfolio is comprised of 4 categories which include products such as Spices & Herbs, Oil, Wheat Flour (Chakki Atta) & Healthy Flour, Pulses, Rice & Grain, and other food products with 153 product SKUs. The company sells its product under the brand name "HARIOM," and most of the sales are derived from the Delhi-NCR region. The franchise network comprises 4 company-owned outlets and 6 franchise-owned outlets.

HOAC Foods India Headlines

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