Innomet Advanced Materials (NSE:INNOMET) Accounts Payable & Accrued Expense : ₹28.0 Mil (As of Mar. 2024)

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What is Innomet Advanced Materials Accounts Payable & Accrued Expense?

Innomet Advanced Materials's quarterly accounts payable & accrued expense increased from Mar. 2023 (₹16.4 Mil) to Sep. 2023 (₹23.9 Mil) and increased from Sep. 2023 (₹23.9 Mil) to Mar. 2024 (₹28.0 Mil).

Innomet Advanced Materials's annual accounts payable & accrued expense declined from Mar. 2022 (₹20.6 Mil) to Mar. 2023 (₹16.4 Mil) but then increased from Mar. 2023 (₹16.4 Mil) to Mar. 2024 (₹28.0 Mil).

Innomet Advanced Materials Accounts Payable & Accrued Expense Historical Data

The historical data trend for Innomet Advanced Materials'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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Innomet Advanced Materials Accounts Payable & Accrued Expense Chart

Innomet Advanced Materials Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

17.83

20.65

16.41

28.00

Innomet Advanced Materials Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	17.83	20.65	16.41	23.92	28.00

Innomet Advanced Materials 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.

Innomet Advanced Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Innomet Advanced Materials Ltd (NSE:INNOMET) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram, Medak, Hyderabad, TG, IND, 502032

Website

https://www.innomet.net

Innomet Advanced Materials Ltd is engaged in manufacturing and supplying Ferrous & Non-Ferrous Metal/Alloy Powders and Tungsten Heavy Alloy components. It has 2 divisions with brand names as under: Innomet Powders, and Innotung. Innomet Powders is a manufacturer of Metal and Alloy Powders through water, air and gas atomization processes. Innotung is the brand name for The Tungsten Heavy Alloy series manufactured through the Powder Metallurgy process by the Company. it supplies the material in the form of bars, plates, cubes, spheres and components of various sizes and shapes also in the finished machined condition as per customer drawings.

Innomet Advanced Materials Headlines

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