Karnika Industries (NSE:KARNIKA) Accounts Payable & Accrued Expense : ₹272 Mil (As of Mar. 2023)

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What is Karnika Industries Accounts Payable & Accrued Expense?

Karnika Industries's quarterly accounts payable & accrued expense increased from Mar. 2021 (₹109 Mil) to Mar. 2022 (₹157 Mil) and increased from Mar. 2022 (₹157 Mil) to Mar. 2023 (₹272 Mil).

Karnika Industries's annual accounts payable & accrued expense increased from Mar. 2021 (₹109 Mil) to Mar. 2022 (₹157 Mil) and increased from Mar. 2022 (₹157 Mil) to Mar. 2023 (₹272 Mil).

Karnika Industries Accounts Payable & Accrued Expense Historical Data

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

Karnika Industries Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

109.13

157.03

271.74

Karnika Industries Semi-Annual Data
	Mar21	Mar22	Mar23
Accounts Payable & Accrued Expense	109.13	157.03	271.74

Karnika Industries 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.

Karnika Industries (NSE:KARNIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Karnika Industries Ltd (NSE:KARNIKA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gurgola Ghat Road P.O. Salkia Howrah, 6&6/1, Kolkata, WB, IND, 711106

Website

http://www.karnikaindustries.com

Karnika Industries Ltd is an ISO 14001:2015 certified manufacturer through job work, trader and exporter of garments. It manufactures all types of kids wear through job work, i.e., shorts, joggers, capri, tees, rompers, sleepsuits, pyjamas, winter wear, infant wear, etc. It has constructed well-established manufacturing units for designing, preparation of the sample, quality inspection, ironing and packing of Garments that are equipped with all the necessary hi-tech machines and tools that are required for a modern manufacturing unit.

Karnika Industries (NSE:KARNIKA) Headlines

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