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Rex Pipes and Cables Industries (NSE:REXPIPES) Accounts Payable & Accrued Expense : ₹52 Mil (As of Mar. 2024)


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What is Rex Pipes and Cables Industries Accounts Payable & Accrued Expense?

Rex Pipes and Cables Industries's quarterly accounts payable & accrued expense declined from Mar. 2023 (₹69 Mil) to Sep. 2023 (₹59 Mil) and declined from Sep. 2023 (₹59 Mil) to Mar. 2024 (₹52 Mil).

Rex Pipes and Cables Industries's annual accounts payable & accrued expense increased from Mar. 2022 (₹32 Mil) to Mar. 2023 (₹69 Mil) but then declined from Mar. 2023 (₹69 Mil) to Mar. 2024 (₹52 Mil).


Rex Pipes and Cables Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rex Pipes and Cables 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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Rex Pipes and Cables Industries Accounts Payable & Accrued Expense Chart

Rex Pipes and Cables Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 73.15 38.49 32.25 68.60 51.65

Rex Pipes and Cables Industries Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.25 20.39 68.60 59.21 51.65

Rex Pipes and Cables 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.


Rex Pipes and Cables Industries (NSE:REXPIPES) Business Description

Traded in Other Exchanges
N/A
Address
F-69A, RIICO Industrial Area, Sikar, RJ, IND, 332 001
Rex Pipes and Cables Industries Ltd is engaged in the trading and manufacturing of PVC pipes, HDPE pipes, cables, and fittings under the Rex brand name. It offers a wide range of products including three-core flat cables, PVC & HDPE pipes, single-core flexible home wire, HDPE and sprinklers, and cables that are used by different industries such as agriculture, power, construction, and engineering.

Rex Pipes and Cables Industries (NSE:REXPIPES) Headlines

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