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Swelect Energy Systems (NSE:SWELECTES) Accounts Payable & Accrued Expense : ₹573 Mil (As of Sep. 2024)


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What is Swelect Energy Systems Accounts Payable & Accrued Expense?

Swelect Energy Systems's quarterly accounts payable & accrued expense declined from Mar. 2024 (₹991 Mil) to Jun. 2024 (₹0 Mil) but then increased from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹573 Mil).

Swelect Energy Systems's annual accounts payable & accrued expense declined from Mar. 2022 (₹1,379 Mil) to Mar. 2023 (₹1,005 Mil) and declined from Mar. 2023 (₹1,005 Mil) to Mar. 2024 (₹991 Mil).


Swelect Energy Systems Accounts Payable & Accrued Expense Historical Data

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

Swelect Energy Systems 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 556.00 625.78 1,378.61 1,005.37 991.17

Swelect Energy Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only 727.82 - 991.17 - 573.12

Swelect Energy Systems 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.


Swelect Energy Systems Business Description

Traded in Other Exchanges
Address
No. 5, Sir P.S. Sivasamy Salai, Swelect House, Mylapore, Chennai, TN, IND, 600 004
Swelect Energy Systems Ltd is engaged in the business of manufacturing and trading Solar power projects, off-grid solar photovoltaic modules, based on crystalline silicon technology (c-Si), solar and wind power generation, contract manufacturing services, installation and maintenance services, and others. The company's operating segments include Solar and Solar Related Activities, Foundry Business, and Others. It generates maximum revenue from the Solar segment. Geographically, it derives a majority of its revenue from India.

Swelect Energy Systems Headlines

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