GIC Housing Finance (BOM:511676) Accounts Payable & Accrued Expense : ₹123 Mil (As of Mar. 2024)

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What is GIC Housing Finance Accounts Payable & Accrued Expense?

GIC Housing Finance's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹209 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹123 Mil).

GIC Housing Finance's annual accounts payable & accrued expense declined from Mar. 2022 (₹328 Mil) to Mar. 2023 (₹273 Mil) and declined from Mar. 2023 (₹273 Mil) to Mar. 2024 (₹123 Mil).

GIC Housing Finance Accounts Payable & Accrued Expense Historical Data

The historical data trend for GIC Housing Finance'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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GIC Housing Finance Accounts Payable & Accrued Expense Chart

GIC Housing Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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556.60

409.70

327.60

272.80

122.80

GIC Housing Finance 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															272.80	-	209.30	-	122.80

GIC Housing Finance 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.

GIC Housing Finance (BOM:511676) Business Description

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GICHSGFIN:India

Address

14, Jamshedji Tata Road, 6th Floor, National Insurance Building, Churchgate, Mumbai, MH, IND, 400 020

Website

https://www.gichfindia.com

GIC Housing Finance Ltd is a specialty finance firm located in India. It was formed with the objective of entering the field of direct lending to individuals and other corporates to accelerate housing activities in India. The primary activity of the company is granting housing loans to individuals and to persons/entities involved in the construction of houses for residential purposes. The company is exclusively engaged in the housing finance business and revenues are mainly derived from this activity. It operates in a single business segment that is financing.

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