Marine Electricals (India) (NSE:MARINE) Accounts Payable & Accrued Expense : ₹1,973 Mil (As of Sep. 2024)

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What is Marine Electricals (India) Accounts Payable & Accrued Expense?

Marine Electricals (India)'s quarterly accounts payable & accrued expense declined from Mar. 2024 (₹2,321 Mil) to Jun. 2024 (₹0 Mil) but then increased from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹1,973 Mil).

Marine Electricals (India)'s annual accounts payable & accrued expense increased from Mar. 2022 (₹1,382 Mil) to Mar. 2023 (₹1,604 Mil) and increased from Mar. 2023 (₹1,604 Mil) to Mar. 2024 (₹2,321 Mil).

Marine Electricals (India) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Marine Electricals (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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Marine Electricals (India) Accounts Payable & Accrued Expense Chart

Marine Electricals (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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1,547.87

1,395.44

1,381.53

1,604.10

2,320.55

Marine Electricals (India) Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,919.45	-	2,320.55	-	1,973.07

Marine Electricals (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.

Marine Electricals (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Marine Electricals (India) Ltd (NSE:MARINE) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Marol Industrial Area, B/1, Udyog Sadan No. 3, MIDC, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.marineelectricals.com

Marine Electricals (India) Ltd is engaged in providing integrated electrical and automation solutions. It is engaged in the manufacturing and sale of all types of marine and industrial electrical and electronic components like switch-gears, marine motors, control-gears, monitoring and control systems, etc., and is also engaged in the renewable energy sector specifically solar. The company also provides services like designing, fabricating, etc. for all types of electrical and electronic installations and undertakes annual maintenance contracts. Its segments are; Marine and Industry. The Marine segment which generates maximum revenue provides products and services of navigational equipment, and others in new shipbuilding. Geographically, it derives key revenue from India.

Marine Electricals (India) Headlines

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