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Credo Brands Marketing (NSE:MUFTI) Accounts Payable & Accrued Expense : ₹275 Mil (As of Mar. 2025)


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What is Credo Brands Marketing Accounts Payable & Accrued Expense?

Credo Brands Marketing's quarterly accounts payable & accrued expense declined from Sep. 2024 (₹320 Mil) to Dec. 2024 (₹0 Mil) but then increased from Dec. 2024 (₹0 Mil) to Mar. 2025 (₹275 Mil).

Credo Brands Marketing's annual accounts payable & accrued expense declined from Mar. 2023 (₹444 Mil) to Mar. 2024 (₹301 Mil) and declined from Mar. 2024 (₹301 Mil) to Mar. 2025 (₹275 Mil).


Credo Brands Marketing Accounts Payable & Accrued Expense Historical Data

The historical data trend for Credo Brands Marketing'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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Credo Brands Marketing Accounts Payable & Accrued Expense Chart

Credo Brands Marketing Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Accounts Payable & Accrued Expense
362.42 348.63 443.73 301.15 274.88

Credo Brands Marketing Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 301.15 - 319.74 - 274.88

Credo Brands Marketing 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.


Credo Brands Marketing Business Description

Traded in Other Exchanges
Address
B-8, MIDC Central Road, Marol, Next to MIDC Police Station, Andheri East, Mumbai, MH, IND, 400093
Credo Brands Marketing Ltd is a homegrown brand in the mid-premium and premium men's casual wear market in India. The product offerings range from shirts to t-shirts to jeans to chinos, which cater to all year-round clothing. The Company is primarily engaged in the business of retailing of Men's casual wear under its Brand MUFTI. The company generates the majority of its revenue from the sale of its products.

Credo Brands Marketing Headlines

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