Panama Petrochem (BOM:524820) Accounts Payable & Accrued Expense : ₹2,447 Mil (As of Mar. 2024)

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What is Panama Petrochem Accounts Payable & Accrued Expense?

Panama Petrochem's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹2,368 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹2,447 Mil).

Panama Petrochem's annual accounts payable & accrued expense declined from Mar. 2022 (₹4,385 Mil) to Mar. 2023 (₹2,667 Mil) and declined from Mar. 2023 (₹2,667 Mil) to Mar. 2024 (₹2,447 Mil).

Panama Petrochem Accounts Payable & Accrued Expense Historical Data

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

Panama Petrochem Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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2,610.96

3,365.79

4,385.20

2,666.50

2,446.90

Panama Petrochem 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															2,666.50	-	2,367.90	-	2,446.90

Panama Petrochem 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.

Panama Petrochem (BOM:524820) Business Description

Industry

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PANAMAPET:India

Address

24, Turner Road, No. 401, Aza House, Next to Andhra Bank, Bandra (West), Mumbai, MH, IND, 400 050

Website

https://www.panamapetro.com

Panama Petrochem Ltd manufactures and exports petroleum specialty products. Its products are white oil/liquid paraffin oil, petroleum jelly, transformer oil, rubber process oil, industrial oils and greases, drilling fluids, and others. The products are used in inks and resins, printing, textiles, rubber, pharmaceuticals, cosmetics, power, cables, and for other industrial purposes. The geographical segment of the sales is divided into two segments Domestic and Overseas.

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