TBI Corn (NSE:TBI) Accounts Payable & Accrued Expense : ₹114.6 Mil (As of Mar. 2024)

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What is TBI Corn Accounts Payable & Accrued Expense?

TBI Corn's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹55.5 Mil) to Dec. 2023 (₹25.4 Mil) but then increased from Dec. 2023 (₹25.4 Mil) to Mar. 2024 (₹114.6 Mil).

TBI Corn's annual accounts payable & accrued expense increased from Mar. 2022 (₹107.5 Mil) to Mar. 2023 (₹174.7 Mil) but then declined from Mar. 2023 (₹174.7 Mil) to Mar. 2024 (₹114.6 Mil).

TBI Corn Accounts Payable & Accrued Expense Historical Data

The historical data trend for TBI Corn'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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TBI Corn Accounts Payable & Accrued Expense Chart

TBI Corn Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

142.79

107.45

174.72

114.63

TBI Corn Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			107.45	174.72	55.45	25.43	114.63

TBI Corn 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.

TBI Corn Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » TBI Corn Ltd (NSE:TBI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

A5/3 & A5/4, MIDC, Miraj, Taluka - Miraj, District - Sangli, Sangli, MH, IND, 416410

Website

https://www.tbicorn.com

TBI Corn Ltd is a manufacturer in the corn grits industry. It offers a diverse varieties of products, including cleaned and fat-free Corn Grits/Meal, Corn Flakes, Stone-free Broken Maize & Corn Flour, and Turmeric Finger, all manufactured without chemical additives or preservatives and GMO-free. The company products have a presence, including UAE, Bahrain, Qatar, Kuwait, Saudi Arabia, Oman, Yemen, Jordan, Israel, Liberia, Sri Lanka, Malaysia, Brunei, Vietnam, and South Korea, and plans to venture into Europe and the USA. Key revenue is generated from Dubai.