Indian Hotels Co (NSE:INDHOTEL) Accounts Payable & Accrued Expense : ₹4,348 Mil (As of Mar. 2024)

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What is Indian Hotels Co Accounts Payable & Accrued Expense?

Indian Hotels Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹4,842 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹4,348 Mil).

Indian Hotels Co's annual accounts payable & accrued expense increased from Mar. 2022 (₹3,677 Mil) to Mar. 2023 (₹4,733 Mil) but then declined from Mar. 2023 (₹4,733 Mil) to Mar. 2024 (₹4,348 Mil).

Indian Hotels Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Indian Hotels Co'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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Indian Hotels Co Accounts Payable & Accrued Expense Chart

Indian Hotels Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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3,811.30

3,233.10

3,677.40

4,733.00

4,347.80

Indian Hotels Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	4,733.00	4,841.90	-	4,347.80

Indian Hotels Co 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.

Indian Hotels Co (NSE:INDHOTEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Indian Hotels Co Ltd (NSE:INDHOTEL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

500850:India

Address

Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.ihcltata.com

Indian Hotels Co Ltd is an owner and operator of hotels and resorts, domiciled in India. The company operates its hotels and resorts under the Taj Hotels Resorts and Palaces brand. Indian Hotels reports revenue across six business lines: room income; food, restaurants, and banquet income; shop rentals; membership fees; management and operating fees; and others. Room income is the most contributor to company revenue, followed by food, restaurants, and banquet income. Together, these two segments represent the vast majority of company revenue. Indian Hotels derives the majority of its revenue domestically.

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