Ram Ratna Wires (NSE:RAMRAT) Accounts Payable & Accrued Expense : ₹2,438 Mil (As of Mar. 2024)

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What is Ram Ratna Wires Accounts Payable & Accrued Expense?

Ram Ratna Wires's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹2,318 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹2,438 Mil).

Ram Ratna Wires's annual accounts payable & accrued expense increased from Mar. 2022 (₹1,341 Mil) to Mar. 2023 (₹1,951 Mil) and increased from Mar. 2023 (₹1,951 Mil) to Mar. 2024 (₹2,438 Mil).

Ram Ratna Wires Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ram Ratna Wires'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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Ram Ratna Wires Accounts Payable & Accrued Expense Chart

Ram Ratna Wires Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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432.89

565.09

1,341.04

1,951.33

2,437.92

Ram Ratna Wires 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															1,951.33	-	2,317.85	-	2,437.92

Ram Ratna Wires 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.

Ram Ratna Wires (NSE:RAMRAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ram Ratna Wires Ltd (NSE:RAMRAT) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

522281:India

Address

Bhailal Amin Marg, Gorwa, Ground Floor, Alembic Business Park (West), Vadodara, GJ, IND, 390003

Website

https://www.rrshramik.com

Ram Ratna Wires Ltd engages in the manufacture and sale of enameled copper winding wire and strips. Its products include enameled copper wire, enameled copper strips, enameled aluminum wires, submersible flat cable, corona resistant winding wires, and submersible winding wire. Its segments are Enamelled wires and strips; Copper tubes and pipes and Other. Geographically, it derives a majority of revenue from India.

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