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Solex Energy (NSE:SMSOLEX) Accounts Payable & Accrued Expense : ₹535 Mil (As of Mar. 2024)


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What is Solex Energy Accounts Payable & Accrued Expense?

Solex Energy's quarterly accounts payable & accrued expense increased from Mar. 2023 (₹300 Mil) to Sep. 2023 (₹529 Mil) and increased from Sep. 2023 (₹529 Mil) to Mar. 2024 (₹535 Mil).

Solex Energy's annual accounts payable & accrued expense increased from Mar. 2022 (₹129 Mil) to Mar. 2023 (₹300 Mil) and increased from Mar. 2023 (₹300 Mil) to Mar. 2024 (₹535 Mil).


Solex Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Solex Energy'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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Solex Energy Accounts Payable & Accrued Expense Chart

Solex Energy 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 356.64 323.18 129.12 300.03 534.50

Solex Energy Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 129.12 241.96 300.03 528.70 534.50

Solex Energy 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.


Solex Energy Business Description

Industry
Traded in Other Exchanges
N/A
Address
Near Madhuvan Circle, L.P. Savani Road, 310-303, Trinity Business Park, Pal, Surat, GJ, IND, 395009
Solex Energy Ltd is engaged in providing renewable energy solutions, specializing in the manufacturing of solar photovoltaic modules, solar home lights, solar street lights, solar lanterns, solar power plants, solar inverters, and solar water, among others.

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