SP Refractories (NSE:SPRL) Accounts Payable & Accrued Expense : ₹11.8 Mil (As of Sep. 2023)

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What is SP Refractories Accounts Payable & Accrued Expense?

SP Refractories's quarterly accounts payable & accrued expense increased from Sep. 2022 (₹12.5 Mil) to Mar. 2023 (₹17.0 Mil) but then declined from Mar. 2023 (₹17.0 Mil) to Sep. 2023 (₹11.8 Mil).

SP Refractories's annual accounts payable & accrued expense increased from Mar. 2021 (₹17.4 Mil) to Mar. 2022 (₹18.1 Mil) but then declined from Mar. 2022 (₹18.1 Mil) to Mar. 2023 (₹17.0 Mil).

SP Refractories Accounts Payable & Accrued Expense Historical Data

The historical data trend for SP Refractories'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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SP Refractories Accounts Payable & Accrued Expense Chart

SP Refractories Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

1.35

4.29

17.44

18.15

16.98

SP Refractories Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			19.28	18.15	12.50	16.98	11.82

SP Refractories 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.

SP Refractories (NSE:SPRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » SP Refractories Ltd (NSE:SPRL) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Hingna Road, M-10, M-11/1 & M-11/2, MIDC Industrial Area, Nagpur, MH, IND, 440016

Website

https://www.sprefractories.com

SP Refractories Ltd is engaged in manufacturing and supplying refractory material made using hydrated lime, calcined alumina, and other raw materials. The Company is involved in single segment of manufacturing and supplying of high quality refractory material. Its core focus is on refractory cement which is a niche and high-margin cement widely used in iron and steel and construction industries because of its thermal conductivity, maximum strength, and heat resistance.

SP Refractories (NSE:SPRL) Headlines

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