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VIP Industries's quarterly accounts payable & accrued expense
declined
from Sep. 2025 (₹3,715 Mil) to Dec. 2025 (₹0 Mil) but then
increased
from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹4,493 Mil).
VIP Industries's annual accounts payable & accrued expense
declined
from Mar. 2024 (₹4,388 Mil) to Mar. 2025 (₹4,032 Mil) but then
increased
from Mar. 2025 (₹4,032 Mil) to Mar. 2026 (₹4,493 Mil).
VIP Industries Accounts Payable & Accrued Expense Historical Data
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The historical data trend for VIP Industries'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.
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.
What does a Accounts Payable & Accrued Expense of ₹4,493 Mil mean?
VIP Industries (NSE:VIPIND) has a Accounts Payable & Accrued Expense of ₹4,493 Mil as of Mar. 2026. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on VIP Industries and its competitors.
Is VIP Industries' Accounts Payable & Accrued Expense too high?
VIP Industries' current Accounts Payable & Accrued Expense is ₹4,493 Mil. Overall, VIP Industries has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Industries' Accounts Payable & Accrued Expense compare to NKE and DECK?
VIP Industries' Accounts Payable & Accrued Expense of ₹4,493 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for a Manufacturing - Apparel & Accessories company?
A good Accounts Payable & Accrued Expense depends on the Manufacturing - Apparel & Accessories industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on VIP Industries and its competitors. VIP Industries's current Accounts Payable & Accrued Expense is ₹4,493 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Industries stock overvalued right now?
Based on GuruFocus' analysis, VIP Industries (NSE:VIPIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹403.39, compared to a current price of ₹298.95 — trading 25.9% below its estimated fair value. The current Accounts Payable & Accrued Expense is ₹4,493 Mil. VIP Industries' overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For VIP Industries (NSE:VIPIND), the current Accounts Payable & Accrued Expense is ₹4,493 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is VIP Industries (NSE:VIPIND) Overvalued in 2026?
Based on GuruFocus' analysis, VIP Industries stock appears to be undervalued.
The current stock price of ₹298.95 is trading 25.9% below its estimated GF Value™ of ₹403.39.
GuruFocus considers VIP Industries to be Modestly Undervalued.
Key valuation signals for NSE:VIPIND:
Accounts Payable & Accrued Expense: ₹4,493 Mil
GF Value™: ₹403.39 vs. price of ₹298.95 (25.9% below fair value)
No single metric tells the full story. See the NSE:VIPIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VIP Industries Ltd is a luggage manufacturer based in India. The company's only segment is the manufacturing and marketing of luggage, bags, and accessories. Geographically, it derives a majority of revenue from India. VIP has a range of brands across luggage categories including Carlton, VIP Bags, Skybags, Aristocrat, Alfa, and Caprese through which it sells trolleys, rucksacks, backpacks, duffel bags, laptop bags, travel accessories, short-haul essentials, soft uprights, vanity cases, hard suitcases, briefcases, and others.
73GF Score
Get the complete analysis for NSE:VIPIND
Accounts Payable & Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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