Prakash Steelage (NSE:PRAKASHSTL) Accounts Payable & Accrued Expense : ₹263 Mil (As of Mar. 2024)

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What is Prakash Steelage Accounts Payable & Accrued Expense?

Prakash Steelage's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹261 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹263 Mil).

Prakash Steelage's annual accounts payable & accrued expense declined from Mar. 2022 (₹525 Mil) to Mar. 2023 (₹522 Mil) and declined from Mar. 2023 (₹522 Mil) to Mar. 2024 (₹263 Mil).

Prakash Steelage Accounts Payable & Accrued Expense Historical Data

The historical data trend for Prakash Steelage'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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Prakash Steelage Accounts Payable & Accrued Expense Chart

Prakash Steelage Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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517.22

498.06

525.27

522.31

262.90

Prakash Steelage Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															522.31	-	261.42	-	262.90

Prakash Steelage 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.

Prakash Steelage (NSE:PRAKASHSTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Prakash Steelage Ltd (NSE:PRAKASHSTL) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

533239:India

Address

28, Sindhi Lane, Nanubhai Desai Road, 101, 1st Floor, Shatrunjay Apartment, Mumbai, MH, IND, 400 004

Website

https://www.prakashsteelage.com

Prakash Steelage Ltd is a company, which is predominantly related to the manufacturing and trading of stainless steel tubes and pipes. Its products are available in various conditions, such as welded, Annealed/Unanneled, Bright Annealed, Annealed and Pickled, U-Bent, Bead Rolled, and Straight Lengths. Geographically all the business activity of the group is operated through the region of India.

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