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Vibhor Steel Tubes (NSE:VSTL) Accounts Payable & Accrued Expense : ₹560 Mil (As of Mar. 2024)


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What is Vibhor Steel Tubes Accounts Payable & Accrued Expense?

Vibhor Steel Tubes's quarterly accounts payable & accrued expense increased from Mar. 2023 (₹437 Mil) to Sep. 2023 (₹807 Mil) but then declined from Sep. 2023 (₹807 Mil) to Mar. 2024 (₹560 Mil).

Vibhor Steel Tubes's annual accounts payable & accrued expense declined from Mar. 2022 (₹448 Mil) to Mar. 2023 (₹437 Mil) but then increased from Mar. 2023 (₹437 Mil) to Mar. 2024 (₹560 Mil).

Vibhor Steel Tubes Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vibhor Steel Tubes'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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Vibhor Steel Tubes Accounts Payable & Accrued Expense Chart

Vibhor Steel Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
339.93 447.77 436.82 560.33

Vibhor Steel Tubes Quarterly Data
Mar21 Mar22 Mar23 Sep23 Mar24
Accounts Payable & Accrued Expense 339.93 447.77 436.82 807.40 560.33

Vibhor Steel Tubes 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.

Vibhor Steel Tubes (NSE:VSTL) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vibhor Steel Tubes Ltd (NSE:VSTL) » Definitions » Accounts Payable & Accrued Expense
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Vibhor Steel Tubes Ltd is a manufacturers and exporters of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. Steel pipes and tubes are used pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes etc.

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