Race Eco Chain (BOM:537785) Accounts Payable & Accrued Expense : ₹0 Mil (As of Sep. 2023)

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What is Race Eco Chain Accounts Payable & Accrued Expense?

Race Eco Chain's quarterly accounts payable & accrued expense increased from Sep. 2022 (₹79 Mil) to Mar. 2023 (₹121 Mil) but then declined from Mar. 2023 (₹121 Mil) to Sep. 2023 (₹0 Mil).

Race Eco Chain's annual accounts payable & accrued expense increased from Mar. 2022 (₹78 Mil) to Mar. 2023 (₹121 Mil) and increased from Mar. 2023 (₹121 Mil) to Mar. 2024 (₹168 Mil).

Race Eco Chain Accounts Payable & Accrued Expense Historical Data

The historical data trend for Race Eco Chain'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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Race Eco Chain Accounts Payable & Accrued Expense Chart

Race Eco Chain Annual Data

Trend

Mar15

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Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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12.03

65.03

77.95

120.99

167.64

Race Eco Chain Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															77.95	79.27	120.99	-	167.64

Race Eco Chain 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.

Race Eco Chain (BOM:537785) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Race Eco Chain Ltd (BOM:537785) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

RACE:India

Address

Sahibabad Industrial Area, 56/33, Site-IV, Ghaziabad, UP, IND, 201010

Website

https://www.raceecochain.com

Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's business segments are Biomass Fuel; Plastic Waste; and Recycled Products. It generates the majority of its revenue from the Plastic Waste segment.

Race Eco Chain (BOM:537785) Headlines

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