Metro Brands (NSE:METROBRAND) Accounts Payable & Accrued Expense : ₹2,589 Mil (As of Mar. 2024)

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What is Metro Brands Accounts Payable & Accrued Expense?

Metro Brands's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹3,041 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹2,589 Mil).

Metro Brands's annual accounts payable & accrued expense increased from Mar. 2022 (₹3,097 Mil) to Mar. 2023 (₹3,423 Mil) but then declined from Mar. 2023 (₹3,423 Mil) to Mar. 2024 (₹2,589 Mil).

Metro Brands Accounts Payable & Accrued Expense Historical Data

The historical data trend for Metro Brands'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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Metro Brands Accounts Payable & Accrued Expense Chart

Metro Brands Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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2,261.82

2,356.50

3,097.02

3,423.43

2,588.90

Metro Brands Quarterly Data
	Mar19	Mar20	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												3,423.43	-	3,041.10	-	2,588.90

Metro Brands 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.

Metro Brands (NSE:METROBRAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Metro Brands Ltd (NSE:METROBRAND) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

543426:India

Address

Lal Bahadur Shastri Road & CST Road Junction, 401, Zillion, 4th Floor, Kurla (West), Mumbai, MH, IND, 400 070

Website

https://www.metrobrands.com

Metro Brands Ltd is a footwear speciality retailer. It offers a wide range of branded products for the entire family including men, women, unisex and kids, and for every occasion including casual and formal events. The Company's only business being trading of fashion footwear, bags, and accessories operating in the premium and economy category.

Metro Brands (NSE:METROBRAND) Headlines

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