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Ramco Industries (NSE:RAMCOIND) Accounts Payable & Accrued Expense : ₹296 Mil (As of Mar. 2024)


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What is Ramco Industries Accounts Payable & Accrued Expense?

Ramco Industries's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹260 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹296 Mil).

Ramco Industries's annual accounts payable & accrued expense declined from Mar. 2022 (₹678 Mil) to Mar. 2023 (₹412 Mil) and declined from Mar. 2023 (₹412 Mil) to Mar. 2024 (₹296 Mil).

Ramco Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ramco Industries'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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Ramco Industries Accounts Payable & Accrued Expense Chart

Ramco Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 749.23 964.63 678.03 411.59 295.80

Ramco Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 411.59 - 260.00 - 295.80

Ramco Industries 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.

Ramco Industries (NSE:RAMCOIND) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ramco Industries Ltd (NSE:RAMCOIND) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
532369:India
Address
98-A, Dr. Radhakrishnan Road, Auras Corporate Centre, VI Floor, Mylapore, Chennai, TN, IND, 600 004
Website
https://www.ramcoindltd.com
Ramco Industries Ltd produces fiber cement sheets and cotton yarn in India. The company is engaged in the manufacture of Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs). It operates through three segments namely building products, textiles, and wind power generation. The company generates maximum revenue from the building products segment. Geographically, it operates only in India.

Ramco Industries (NSE:RAMCOIND) Headlines

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