Sapphire Textile Mills (KAR:SAPT) Accounts Payable & Accrued Expense : ₨21,780 Mil (As of Mar. 2024)

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What is Sapphire Textile Mills Accounts Payable & Accrued Expense?

Sapphire Textile Mills's quarterly accounts payable & accrued expense increased from Sep. 2023 (₨16,323 Mil) to Dec. 2023 (₨18,359 Mil) and increased from Dec. 2023 (₨18,359 Mil) to Mar. 2024 (₨21,780 Mil).

Sapphire Textile Mills's annual accounts payable & accrued expense increased from Jun. 2021 (₨5,116 Mil) to Jun. 2022 (₨7,840 Mil) and increased from Jun. 2022 (₨7,840 Mil) to Jun. 2023 (₨11,948 Mil).

Sapphire Textile Mills Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sapphire 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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Sapphire Textile Mills Accounts Payable & Accrued Expense Chart

Sapphire Textile Mills Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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2,539.47

4,058.87

5,116.38

7,840.49

11,947.50

Sapphire 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															12,702.40	11,947.50	16,322.97	18,358.94	21,780.46

Sapphire 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.

Sapphire Textile Mills (KAR:SAPT) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

I. I. Chundrigar Road, 212, Cotton Exchange Building, Karachi, SD, PAK

Website

https://www.sapphire.com.pk/stml

Sapphire Textile Mills Ltd is the company mainly involved in the manufacturing and sale of yarn, fabrics, home textile products, finishing and printing of fabrics. Its segments include Spinning, Weaving, Processing, printing, Home Textile & Textile Retail, and Power Generation. Geographically, it generates the majority of the revenue from the domestic market.

Sapphire Textile Mills (KAR:SAPT) Headlines

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