Swastik Pipe (NSE:SWASTIK) Accounts Payable & Accrued Expense : ₹647 Mil (As of Mar. 2023)

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What is Swastik Pipe Accounts Payable & Accrued Expense?

Swastik Pipe's quarterly accounts payable & accrued expense increased from Mar. 2021 (₹508 Mil) to Mar. 2022 (₹736 Mil) but then declined from Mar. 2022 (₹736 Mil) to Mar. 2023 (₹647 Mil).

Swastik Pipe's annual accounts payable & accrued expense increased from Mar. 2021 (₹508 Mil) to Mar. 2022 (₹736 Mil) but then declined from Mar. 2022 (₹736 Mil) to Mar. 2023 (₹647 Mil).

Swastik Pipe Accounts Payable & Accrued Expense Historical Data

The historical data trend for Swastik Pipe'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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Swastik Pipe Accounts Payable & Accrued Expense Chart

Swastik Pipe Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

511.17

507.84

736.24

647.48

Swastik Pipe Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Accounts Payable & Accrued Expense	511.17	507.84	736.24	647.48

Swastik Pipe 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.

Swastik Pipe (NSE:SWASTIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Swastik Pipe Ltd (NSE:SWASTIK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Arihant Nagar, Punjabi Bagh (West), New Delhi, IND, 110026

Website

https://www.swastikpipes.com

Swastik Pipe Ltd is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.

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