Pritika Engineering Components (NSE:PRITIKA) Accounts Payable & Accrued Expense : ₹133.6 Mil (As of Mar. 2023)

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What is Pritika Engineering Components Accounts Payable & Accrued Expense?

Pritika Engineering Components's quarterly accounts payable & accrued expense increased from Mar. 2022 (₹113.9 Mil) to Sep. 2022 (₹116.5 Mil) and increased from Sep. 2022 (₹116.5 Mil) to Mar. 2023 (₹133.6 Mil).

Pritika Engineering Components's annual accounts payable & accrued expense increased from Mar. 2021 (₹86.0 Mil) to Mar. 2022 (₹113.9 Mil) and increased from Mar. 2022 (₹113.9 Mil) to Mar. 2023 (₹133.6 Mil).

Pritika Engineering Components Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pritika Engineering Components'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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Pritika Engineering Components Accounts Payable & Accrued Expense Chart

Pritika Engineering Components Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

54.98

85.96

113.93

133.57

Pritika Engineering Components Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23
Accounts Payable & Accrued Expense	54.98	85.96	113.93	116.53	133.57

Pritika Engineering Components 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.

Pritika Engineering Components (NSE:PRITIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pritika Engineering Components Ltd (NSE:PRITIKA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial Area, S.A.S Nagar, Plot No.C-94, Phase-VII, Mohali, PB, IND, 160055

Website

https://www.pritikaengineering.com

Pritika Engineering Components Ltd is engaged in the business of manufacturing precision-machined components for the automotive industry, especially for tractors, trucks, and other commercial vehicles. The company manufactures various Tractors and Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing, and Front Engine Supports. It manufactures customized products for tractors, commercial vehicles, and other construction equipment.

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