Newever Trade Wings (BOM:536644) Accounts Payable: ₹565.9 Mil (As of Sep. 2017)

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What is Newever Trade Wings Accounts Payable?

Newever Trade Wings BOM:536644 Accounts Payable is ₹565.9 Mil as of Sep. 2017.

Newever Trade Wings's Accounts Payable for the quarter that ended in Sep. 2017 was ₹565.9 Mil.

Newever Trade Wings's quarterly Accounts Payable declined from Sep. 2016 (₹914.1 Mil) to Mar. 2017 (₹900.8 Mil) and declined from Mar. 2017 (₹900.8 Mil) to Sep. 2017 (₹565.9 Mil).

Newever Trade Wings's annual Accounts Payable increased from Mar. 2015 (₹327.3 Mil) to Mar. 2016 (₹649.5 Mil) and increased from Mar. 2016 (₹649.5 Mil) to Mar. 2017 (₹900.8 Mil).

Newever Trade Wings Accounts Payable Related Terms

Newever Trade Wings Accounts Payable Historical Data

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The historical data trend for Newever Trade Wings's Accounts Payable 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.

Newever Trade Wings Accounts Payable Chart

Newever Trade Wings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17
Accounts Payable
105.64 928.50 327.27 649.53 900.81

Newever Trade Wings Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 416.66 649.53 914.13 900.81 565.89

Newever Trade Wings Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of ₹565.9 Mil mean?
Newever Trade Wings (BOM:536644) has a Accounts Payable of ₹565.9 Mil as of Sep. 2017. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Newever Trade Wings and its competitors.
Is Newever Trade Wings' Accounts Payable too high?
Newever Trade Wings' current Accounts Payable is ₹565.9 Mil.
How does Newever Trade Wings' Accounts Payable compare to ADMG?
Newever Trade Wings' Accounts Payable of ₹565.9 Mil can be compared against companies in the Steel 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 for a Steel company?
A good Accounts Payable depends on the Steel industry context. However, Accounts Payable 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 mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Newever Trade Wings and its competitors. Newever Trade Wings's current Accounts Payable is ₹565.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newever Trade Wings stock overvalued right now?
Newever Trade Wings (BOM:536644) has a current Accounts Payable of ₹565.9 Mil. The current Accounts Payable is ₹565.9 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Newever Trade Wings (BOM:536644), the current Accounts Payable is ₹565.9 Mil as of Sep. 2017. 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.

Newever Trade Wings Business Description

Address 238B, A.J.C. Bose Road, Unit 4B, 4th Floor, Kolkata, WB, IND, 700020
Newever Trade Wings Ltd is an Indian company which is engaged in the business of trading in iron and steel and other related commodities. The company is involved in Wholesale Trade in Metal Channel, Joist, M.S. (Mild Steel) Angle, MS Sheet, TMT (thermomechanical treatment) Bar and other.