Premier Roadlines (NSE:PRLIND) Accounts Payable & Accrued Expense : ₹88 Mil (As of Sep. 2024)

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What is Premier Roadlines Accounts Payable & Accrued Expense?

Premier Roadlines's quarterly accounts payable & accrued expense declined from Mar. 2023 (₹74 Mil) to Sep. 2023 (₹47 Mil) but then increased from Sep. 2023 (₹47 Mil) to Sep. 2024 (₹88 Mil).

Premier Roadlines's annual accounts payable & accrued expense increased from Mar. 2021 (₹38 Mil) to Mar. 2022 (₹61 Mil) and increased from Mar. 2022 (₹61 Mil) to Mar. 2023 (₹74 Mil).

Premier Roadlines Accounts Payable & Accrued Expense Historical Data

The historical data trend for Premier Roadlines'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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Premier Roadlines Accounts Payable & Accrued Expense Chart

Premier Roadlines Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

38.07

60.56

73.87

Premier Roadlines Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Accounts Payable & Accrued Expense	38.07	60.56	73.87	47.23	88.17

Premier Roadlines 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.

Premier Roadlines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Premier Roadlines Ltd (NSE:PRLIND) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Unit No. 501, 5th Floor, Plot No. 4B, Tower A, Nextra, Mayur Vihar, Phase-I Extension, East Delhi, Delhi, IND, 110091

Website

https://www.prlindia.com

Premier Roadlines Ltd is engaged in providing logistics solutions to businesses, particularly surface transportation of goods. It is a goods transport agency providing general transport services, project logistics, and over-dimensional/overweight contracted integrated logistics services General Logistics. It mainly serves B2B customers under the Contract Logistics division. Its services are Project Transportation, Over Dimensional Cargo, Integrated Logistics Services, Fleet Rentals, Break Bulk, and Value Added Services. It operates in Transport operations as a single segment.

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