Solar Industries India (NSE:SOLARINDS) Accounts Payable & Accrued Expense : ₹5,713 Mil (As of Mar. 2024)

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What is Solar Industries India Accounts Payable & Accrued Expense?

Solar Industries India's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹6,041 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹5,713 Mil).

Solar Industries India's annual accounts payable & accrued expense increased from Mar. 2022 (₹5,730 Mil) to Mar. 2023 (₹6,792 Mil) but then declined from Mar. 2023 (₹6,792 Mil) to Mar. 2024 (₹5,713 Mil).

Solar Industries India Accounts Payable & Accrued Expense Historical Data

The historical data trend for Solar Industries India'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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Solar Industries India Accounts Payable & Accrued Expense Chart

Solar Industries India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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2,257.90

3,642.90

5,730.40

6,792.10

5,713.40

Solar Industries India 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															6,792.10	-	6,040.80	-	5,713.40

Solar Industries India 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.

Solar Industries India (NSE:SOLARINDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Solar Industries India Ltd (NSE:SOLARINDS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

532725:India

Address

Amravati Road, Solar House, 14, Kachimet, Nagpur, MH, IND, 440023

Website

https://www.solargroup.com

Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company primarily sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.

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