Voltas (NSE:VOLTAS) Accounts Payable & Accrued Expense : ₹39,114 Mil (As of Mar. 2024)

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What is Voltas Accounts Payable & Accrued Expense?

Voltas's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹26,215 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹39,114 Mil).

Voltas's annual accounts payable & accrued expense increased from Mar. 2022 (₹30,685 Mil) to Mar. 2023 (₹31,058 Mil) and increased from Mar. 2023 (₹31,058 Mil) to Mar. 2024 (₹39,114 Mil).

Voltas Accounts Payable & Accrued Expense Historical Data

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

Voltas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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27,374.80

25,934.40

30,684.90

31,057.70

39,113.90

Voltas Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															31,057.70	-	26,214.80	-	39,113.90

Voltas 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.

Voltas (NSE:VOLTAS) Business Description

Industry

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Traded in Other Exchanges

500575:India

Address

Dr. Babasaheb Ambedkar Road, Voltas House ‘A’, Chinchpokli, Mumbai, MH, IND, 400 033

Website

https://www.voltas.com

Voltas Ltd is one of India's largest air conditioning companies. It provides engineering solutions for heating, ventilation, and air conditioning, refrigeration, textile machinery, and heavy equipment. Voltas has three operating segments: Unitary Cooling Products for Comfort and Commercial use, Engineering Products and Services, and Electro-Mechanical Projects and Services. Remote monitoring and maintenance systems keep track of performance and strengthen relationships with customers. The majority of revenue comes from India, with the remainder split among the Middle East, Singapore, and other regions.

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