Al-Ghazi Tractors (KAR:AGTL) Accounts Payable & Accrued Expense : ₨8,824 Mil (As of Mar. 2024)

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What is Al-Ghazi Tractors Accounts Payable & Accrued Expense?

Al-Ghazi Tractors's quarterly accounts payable & accrued expense declined from Sep. 2023 (₨8,576 Mil) to Dec. 2023 (₨3,857 Mil) but then increased from Dec. 2023 (₨3,857 Mil) to Mar. 2024 (₨8,824 Mil).

Al-Ghazi Tractors's annual accounts payable & accrued expense increased from Dec. 2021 (₨607 Mil) to Dec. 2022 (₨4,086 Mil) but then declined from Dec. 2022 (₨4,086 Mil) to Dec. 2023 (₨3,857 Mil).

Al-Ghazi Tractors Accounts Payable & Accrued Expense Historical Data

The historical data trend for Al-Ghazi Tractors'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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Al-Ghazi Tractors Accounts Payable & Accrued Expense Chart

Al-Ghazi Tractors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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409.68

637.05

607.10

4,086.46

3,856.83

Al-Ghazi Tractors 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															7,541.66	4,124.91	8,575.80	3,856.83	8,824.20

Al-Ghazi Tractors 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.

Al-Ghazi Tractors (KAR:AGTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Al-Ghazi Tractors Ltd (KAR:AGTL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

16th East Street, Off. Korangi Road, Tractor House, No.102-B, DHA Phase I, Karachi, PAK

Website

https://www.alghazitractors.com

Al-Ghazi Tractors Ltd is an agricultural equipment manufacturer in Pakistan. Its major operating segment includes the manufacture and sale of agricultural tractors, implements and spare parts which generates most of the company's revenue. The company's other activities include implements and generators. Its implements segment comprises cultivators, disk harrows, potato diggers, sprayers, ploughs and all other equipment which aid agriculture and the generator segment offers energy-efficient diesel generators. Geographically, it derives a majority of revenue from Pakistan.

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