Gul Ahmed Textile Mills (KAR:GATM) Accounts Payable & Accrued Expense : ₨40,271 Mil (As of Mar. 2024)

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What is Gul Ahmed Textile Mills Accounts Payable & Accrued Expense?

Gul Ahmed Textile Mills's quarterly accounts payable & accrued expense declined from Sep. 2023 (₨39,707 Mil) to Dec. 2023 (₨39,674 Mil) but then increased from Dec. 2023 (₨39,674 Mil) to Mar. 2024 (₨40,271 Mil).

Gul Ahmed Textile Mills's annual accounts payable & accrued expense declined from Jun. 2021 (₨18,069 Mil) to Jun. 2022 (₨17,664 Mil) but then increased from Jun. 2022 (₨17,664 Mil) to Jun. 2023 (₨24,177 Mil).

Gul Ahmed Textile Mills Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gul Ahmed Textile Mills'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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Gul Ahmed Textile Mills Accounts Payable & Accrued Expense Chart

Gul Ahmed Textile Mills Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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4,080.98

6,312.62

18,069.19

17,664.10

24,176.62

Gul Ahmed Textile Mills 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															32,103.69	24,176.62	39,706.88	39,673.76	40,270.66

Gul Ahmed Textile Mills 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.

Gul Ahmed Textile Mills (KAR:GATM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gul Ahmed Textile Mills Ltd (KAR:GATM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No.H-7, Landhi Industrial Area, Landhi, Karachi, SD, PAK, 75120

Website

https://www.gulahmed.com

Gul Ahmed Textile Mills Ltd is engaged in the manufacturing and selling of textile products. The company's segments are Spinning which includes the production of different yarn using natural and artificial fibers, Weaving segment caters to in-house requirements for home textile, retail and distribution, and apparel division, Retail and Distribution segment is involved in retail sales through a chain of IDEAS retails outlets and its distribution channels. and Processing, Home Textile and Apparel segment deals in processing greige fabrics into various types of finished fabrics. It generates a majority of its revenue from the Home Textile segment.

Gul Ahmed Textile Mills (KAR:GATM) Headlines

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