Magson Retail and Distribution (NSE:MAGSON) Accounts Payable & Accrued Expense : ₹32.5 Mil (As of Sep. 2023)

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What is Magson Retail and Distribution Accounts Payable & Accrued Expense?

Magson Retail and Distribution's quarterly accounts payable & accrued expense increased from Sep. 2022 (₹0.0 Mil) to Mar. 2023 (₹44.9 Mil) but then declined from Mar. 2023 (₹44.9 Mil) to Sep. 2023 (₹32.5 Mil).

Magson Retail and Distribution's annual accounts payable & accrued expense declined from Mar. 2021 (₹36.1 Mil) to Mar. 2022 (₹34.3 Mil) but then increased from Mar. 2022 (₹34.3 Mil) to Mar. 2023 (₹44.9 Mil).

Magson Retail and Distribution Accounts Payable & Accrued Expense Historical Data

The historical data trend for Magson Retail and Distribution'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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Magson Retail and Distribution Accounts Payable & Accrued Expense Chart

Magson Retail and Distribution Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

36.06

34.32

44.91

Magson Retail and Distribution Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	36.06	34.32	-	44.91	32.54

Magson Retail and Distribution 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.

Magson Retail and Distribution (NSE:MAGSON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magson Retail and Distribution Ltd (NSE:MAGSON) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Judges Bungalows Cross Roads, 204-B, Primate Complex, Opposite Mother Milk Palace, Bodakdev, Ahmedabad, GJ, IND, 380015

Website

https://www.magson.in

Magson Retail and Distribution Ltd is engaged in the retail and Distribution business of gourmet, frozen food, and specialty foods. The company operates retail stores through and own stores, jointly owned stores, and a franchise model under its brand name 'MagSon'. In addition, the company has a separate chocolate store that is operated under the brand name 'My Chocolate World'.

Magson Retail and Distribution (NSE:MAGSON) Headlines

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