Sakthi Finance (BOM:511066) Accounts Payable & Accrued Expense : ₹42 Mil (As of Mar. 2024)

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What is Sakthi Finance Accounts Payable & Accrued Expense?

Sakthi Finance's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹43 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹42 Mil).

Sakthi Finance's annual accounts payable & accrued expense increased from Mar. 2022 (₹40 Mil) to Mar. 2023 (₹45 Mil) but then declined from Mar. 2023 (₹45 Mil) to Mar. 2024 (₹42 Mil).

Sakthi Finance Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sakthi Finance'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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Sakthi Finance Accounts Payable & Accrued Expense Chart

Sakthi Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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36.15

41.11

40.27

44.72

41.99

Sakthi Finance 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															44.72	-	42.89	-	41.99

Sakthi Finance 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.

Sakthi Finance (BOM:511066) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sakthi Finance Ltd (BOM:511066) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

62, Dr. Nanjappa Road, Post Box Number 3745, Coimbatore, TN, IND, 641018

Website

https://www.sakthifinance.com

Sakthi Finance Ltd is a deposit-taking non-banking financial company. The company is engaged in the business of asset financing. It operates in one segment only. It generates the majority of its revenue from India.

Sakthi Finance (BOM:511066) Headlines

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