Shiv Aum Steels (NSE:SHIVAUM) Accounts Payable & Accrued Expense : ₹16 Mil (As of Sep. 2023)

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What is Shiv Aum Steels Accounts Payable & Accrued Expense?

Shiv Aum Steels's quarterly accounts payable & accrued expense declined from Sep. 2022 (₹11 Mil) to Mar. 2023 (₹6 Mil) but then increased from Mar. 2023 (₹6 Mil) to Sep. 2023 (₹16 Mil).

Shiv Aum Steels's annual accounts payable & accrued expense increased from Mar. 2021 (₹3 Mil) to Mar. 2022 (₹7 Mil) but then declined from Mar. 2022 (₹7 Mil) to Mar. 2023 (₹6 Mil).

Shiv Aum Steels Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shiv Aum Steels'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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Shiv Aum Steels Accounts Payable & Accrued Expense Chart

Shiv Aum Steels Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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14.89

11.17

3.46

7.21

5.65

Shiv Aum Steels Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								-	7.21	10.51	5.65	15.95

Shiv Aum Steels 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.

Shiv Aum Steels (NSE:SHIVAUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shiv Aum Steels Ltd (NSE:SHIVAUM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Western Express Way, A.K. Road, Office No. 515, The Summit Business Bay, Opposite PVR Cinemas, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.shivaumsteels.com

Shiv Aum Steels Ltd is engaged in trading mild steel products such as beams, angles, plates, channels, coils, and Thermo mechanically treated (TMT) bars. It operates as a trader, stockist, and distributor of steel products. The product offerings range from different types of Beams, Angles, Channels, TMT Bars, Rails, Sheets, Plates, and Coils including various sub-categories of the said products like I-beam, H-beam, L-shaped angles, T-shaped angles, C-channels and Sheets and Plates of varied thickness and dimensions. The company derives revenue from rendering of the engineering consultancy services.

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