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Argon Denims (DHA:ARGONDENIM) Accounts Payable & Accrued Expense : BDT126 Mil (As of Dec. 2023)


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What is Argon Denims Accounts Payable & Accrued Expense?

Argon Denims's quarterly accounts payable & accrued expense increased from Jun. 2023 (BDT131 Mil) to Sep. 2023 (BDT203 Mil) but then declined from Sep. 2023 (BDT203 Mil) to Dec. 2023 (BDT126 Mil).

Argon Denims's annual accounts payable & accrued expense increased from Jun. 2021 (BDT15 Mil) to Jun. 2022 (BDT62 Mil) and increased from Jun. 2022 (BDT62 Mil) to Jun. 2023 (BDT131 Mil).


Argon Denims Accounts Payable & Accrued Expense Historical Data

The historical data trend for Argon Denims'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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Argon Denims Accounts Payable & Accrued Expense Chart

Argon Denims Annual Data
Trend Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 37.13 31.25 15.29 62.20 130.92

Argon Denims Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense 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 399.80 400.50 130.92 202.78 126.07

Argon Denims 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.


Argon Denims (DHA:ARGONDENIM) Business Description

Traded in Other Exchanges
N/A
Address
57, Joar Sahara, New Airport Road, Level-6, Lotus Kamal Tower ONE, Nikunja-2- C/A, Dhaka, BGD, 1229
Argon Denims Ltd is engaged in manufacturing, dyeing, and finishing Denim Fabric based in Bangladesh and focuses on exports. The firm carries out the business of weaving, spinning, bleaching, dyeing, mercerizing printing, finishing, and selling denim fabrics, yarn, cloth, linen, hosiery, and other goods and fabrics whether textiles knitted or looped. It produces a medium and premium range of denim fabrics in various weights. The products include fabrics in 100% cotton, cotton stretch, cotton polyester, and cotton-polyester stretch. The dyeing line is equipped with light and dark indigo, Sulphur black, SBIT, IBST with casts and colors.

Argon Denims (DHA:ARGONDENIM) Headlines

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