R M Drip & Sprinklers Systems (NSE:RMDRIP) Accounts Payable & Accrued Expense : ₹38.5 Mil (As of Sep. 2023)

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What is R M Drip & Sprinklers Systems Accounts Payable & Accrued Expense?

R M Drip & Sprinklers Systems's quarterly accounts payable & accrued expense increased from Sep. 2022 (₹61.7 Mil) to Mar. 2023 (₹73.1 Mil) but then declined from Mar. 2023 (₹73.1 Mil) to Sep. 2023 (₹38.5 Mil).

R M Drip & Sprinklers Systems's annual accounts payable & accrued expense increased from Mar. 2021 (₹38.4 Mil) to Mar. 2022 (₹64.8 Mil) and increased from Mar. 2022 (₹64.8 Mil) to Mar. 2023 (₹73.1 Mil).

R M Drip & Sprinklers Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for R M Drip & Sprinklers Systems'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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R M Drip & Sprinklers Systems Accounts Payable & Accrued Expense Chart

R M Drip & Sprinklers Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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45.10

39.89

38.39

64.85

73.13

R M Drip & Sprinklers Systems Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													-	64.85	61.72	73.13	38.50

R M Drip & Sprinklers Systems 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.

R M Drip & Sprinklers Systems (NSE:RMDRIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » R M Drip & Sprinklers Systems Ltd (NSE:RMDRIP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gat No. 475, Village Gonde, Taluka Sinnar, Nashik, MH, IND, 422113

Website

http://www.rmdrip.com

R M Drip & Sprinklers Systems Ltd designs manufacture and sell micro-irrigation equipment. The company's products are Drip Irrigation, Sprinkler Irrigation, Filters, among others. The Company also assists the farmers in designing and installation of its Sprinkler and Drip Irrigations systems according to their needs. The dealer network expands from Maharashtra, Madhya Pradesh, Gujarat, Karnataka and extended its market to Uttar Pradesh, Bihar and Jharkhand.

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