Nitiraj Engineers (NSE:NITIRAJ) Accounts Payable & Accrued Expense : ₹0.0 Mil (As of Dec. 2023)

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What is Nitiraj Engineers Accounts Payable & Accrued Expense?

Nitiraj Engineers's quarterly accounts payable & accrued expense increased from Jun. 2023 (₹0.0 Mil) to Sep. 2023 (₹18.8 Mil) but then declined from Sep. 2023 (₹18.8 Mil) to Dec. 2023 (₹0.0 Mil).

Nitiraj Engineers's annual accounts payable & accrued expense declined from Mar. 2021 (₹35.1 Mil) to Mar. 2022 (₹14.9 Mil) but then increased from Mar. 2022 (₹14.9 Mil) to Mar. 2023 (₹28.5 Mil).

Nitiraj Engineers Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nitiraj Engineers'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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Nitiraj Engineers Accounts Payable & Accrued Expense Chart

Nitiraj Engineers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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24.86

25.88

35.09

14.93

28.49

Nitiraj Engineers Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	28.49	-	18.79	-

Nitiraj Engineers 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.

Nitiraj Engineers (NSE:NITIRAJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nitiraj Engineers Ltd (NSE:NITIRAJ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Plot NO J25, J26,MIDC Awadhan,, Dhule, MH, IND, 424006

Website

https://www.nitiraj.net

Nitiraj Engineers Ltd offers measure and counting devices in India. It operates in five broad segments i.e., Electronic Weighing Scales and Systems, Electronic Currency Counting Machines, and Digital Fare Meters, Home and Hotel Automation, and Mechanical Scales. The company generates maximum revenue from the Electronic Weighing Scales and Systems segment. Its diverse product portfolio caters to various sectors such as industrial, commercial, jewellery, healthcare, household, automobile, and home and hotel. Geographically it derives a majority of its revenue from India.

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