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Swaraj Suiting (NSE:SWARAJ) Accounts Payable & Accrued Expense : ₹472 Mil (As of Mar. 2023)


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What is Swaraj Suiting Accounts Payable & Accrued Expense?

Swaraj Suiting's quarterly accounts payable & accrued expense increased from Mar. 2022 (₹42 Mil) to Sep. 2022 (₹176 Mil) and increased from Sep. 2022 (₹176 Mil) to Mar. 2023 (₹472 Mil).

Swaraj Suiting's annual accounts payable & accrued expense declined from Mar. 2021 (₹103 Mil) to Mar. 2022 (₹42 Mil) but then increased from Mar. 2022 (₹42 Mil) to Mar. 2023 (₹472 Mil).

Swaraj Suiting Accounts Payable & Accrued Expense Historical Data

The historical data trend for Swaraj Suiting'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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Swaraj Suiting Accounts Payable & Accrued Expense Chart

Swaraj Suiting Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
73.04 125.12 102.85 41.80 472.27

Swaraj Suiting Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 102.85 62.62 41.80 176.23 472.27

Swaraj Suiting 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.

Swaraj Suiting (NSE:SWARAJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Swaraj Suiting Ltd (NSE:SWARAJ) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
RIICO Growth Centre, F-483 To F-487, Hamirgarh, Bhilwara, RJ, IND, 311025
Website
https://www.swarajsuiting.com
Swaraj Suiting Ltd is mainly engaged into the textile industry. It operates under various verticals namely manufacturing of denim, grey fabric, weaving on a Job Work basis, trading of the finished fabric and grey fabric and yarn. The company operates in four states Rajasthan, Gujarat, Madhya Pradesh and Maharashtra. The company generates the majority of its revenue from Finish Fabrics sale.

Swaraj Suiting (NSE:SWARAJ) Headlines

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