G G Engineering (BOM:540614) Accounts Payable & Accrued Expense : ₹239 Mil (As of Mar. 2024)

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What is G G Engineering Accounts Payable & Accrued Expense?

G G Engineering's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹242 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹239 Mil).

G G Engineering's annual accounts payable & accrued expense increased from Mar. 2022 (₹15 Mil) to Mar. 2023 (₹407 Mil) but then declined from Mar. 2023 (₹407 Mil) to Mar. 2024 (₹239 Mil).

G G Engineering Accounts Payable & Accrued Expense Historical Data

The historical data trend for G G Engineering'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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G G Engineering Accounts Payable & Accrued Expense Chart

G G Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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58.01

78.77

14.56

407.37

239.15

G G Engineering 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															407.37	-	242.17	-	239.15

G G Engineering 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.

G G Engineering (BOM:540614) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » G G Engineering Ltd (BOM:540614) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Office No. 306, 3rd Floor, hivam House Karam Pura Commercial Complex, Opposite Milan Cinema, New Delhi, IND, 110015

Website

https://www.ggengg.in

G G Engineering Ltd is an Indian-based company that provides industrial diesel generator sets. The company's operating segment includes Electric Parts Manufacturing, Manufacturing Packaged food juice, and cold drinks, and Iron and Steel Trading. It generates maximum revenue from the Iron and Steel Trading segment. Geographically, it operates only in India. The company's product includes Diesel Generator; RVM machine; Industrial Engine and Marine Engine.

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