Quality Foils (India) (NSE:QFIL) Accounts Payable & Accrued Expense : ₹28 Mil (As of Sep. 2023)

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What is Quality Foils (India) Accounts Payable & Accrued Expense?

Quality Foils (India)'s quarterly accounts payable & accrued expense declined from Sep. 2022 (₹36 Mil) to Mar. 2023 (₹15 Mil) but then increased from Mar. 2023 (₹15 Mil) to Sep. 2023 (₹28 Mil).

Quality Foils (India)'s annual accounts payable & accrued expense increased from Mar. 2021 (₹14 Mil) to Mar. 2022 (₹48 Mil) but then declined from Mar. 2022 (₹48 Mil) to Mar. 2023 (₹15 Mil).

Quality Foils (India) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Quality Foils (India)'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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Quality Foils (India) Accounts Payable & Accrued Expense Chart

Quality Foils (India) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

32.93

13.88

47.64

14.56

Quality Foils (India) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			13.88	47.64	35.90	14.56	27.85

Quality Foils (India) 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.

Quality Foils (India) (NSE:QFIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Quality Foils (India) Ltd (NSE:QFIL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3, Industrial Development Colony, Hisar, HR, IND, 125005

Website

https://www.qualitygroup.in

Quality Foils (India) Ltd is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The products of the company are sold both in the domestic as well as international markets.

Quality Foils (India) (NSE:QFIL) Headlines

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