NVL (Novelis) Accounts Payable: $3,272.00 Mil (As of Mar. 2024)


What is Novelis Accounts Payable?

Novelis NVL Accounts Payable is $3,272.00 Mil as of Mar. 2024.

Novelis's Accounts Payable for the quarter that ended in Mar. 2024 was $3,272.00 Mil.

Novelis's quarterly Accounts Payable declined from Sep. 2023 ($3,234.00 Mil) to Dec. 2023 ($3,051.00 Mil) but then increased from Dec. 2023 ($3,051.00 Mil) to Mar. 2024 ($3,272.00 Mil).

Novelis's annual Accounts Payable increased from Mar. 2015 ($1,854.00 Mil) to Mar. 2023 ($3,377.00 Mil) but then declined from Mar. 2023 ($3,377.00 Mil) to Mar. 2024 ($3,272.00 Mil).

Novelis Accounts Payable Historical Data

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The historical data trend for Novelis'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.

Novelis Accounts Payable Chart

Novelis Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar23 Mar24
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,254.00 1,418.00 1,854.00 3,377.00 3,272.00

Novelis Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,377.00 3,462.00 3,234.00 3,051.00 3,272.00

Novelis 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 $3,272.00 Mil mean?
Novelis (NVL) has a Accounts Payable of $3,272.00 Mil as of Mar. 2024. 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 Novelis and its competitors.
Is Novelis' Accounts Payable too high?
Novelis' current Accounts Payable is $3,272.00 Mil.
How does Novelis' Accounts Payable compare to ?
Novelis' Accounts Payable of $3,272.00 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Accounts Payable depends on the Metals & Mining 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 Novelis and its competitors. Novelis's current Accounts Payable is $3,272.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novelis stock overvalued right now?
Novelis (NVL) has a current Accounts Payable of $3,272.00 Mil. The current Accounts Payable is $3,272.00 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 Novelis (NVL), the current Accounts Payable is $3,272.00 Mil as of Mar. 2024. 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.

Novelis Business Description

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Address 3560 Lenox Road, Suite 2000, Atlanta, GA, USA, 30326
Novelis Inc is aluminum rolled product producer, with operations on four continents. It acquires and recycles aluminum and processes it into semifinished coils in various tempers, gauges, and widths. Company has four geographical segment North America, Europe, Asia, and South America. Each segment manufactures aluminum sheet and light gauge products and recycles aluminum, while Asia and Europe segments also produce aerospace and industries.