Avance Technologies (BOM:512149) Accounts Payable & Accrued Expense : ₹1,125 Mil (As of Mar. 2024)

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What is Avance Technologies Accounts Payable & Accrued Expense?

Avance Technologies's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹571 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹1,125 Mil).

Avance Technologies's annual accounts payable & accrued expense increased from Mar. 2022 (₹557 Mil) to Mar. 2023 (₹630 Mil) and increased from Mar. 2023 (₹630 Mil) to Mar. 2024 (₹1,125 Mil).

Avance Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Avance Technologies'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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Avance Technologies Accounts Payable & Accrued Expense Chart

Avance Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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310.24

302.63

557.42

629.72

1,124.64

Avance Technologies 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															629.72	-	571.16	-	1,124.64

Avance Technologies 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.

Avance Technologies (BOM:512149) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Avance Technologies Ltd (BOM:512149) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office No. 226/227, Second Floor, Majestic Center, 144 Opera House, Mumbai, MH, IND, 400002

Website

https://www.avance.in

Avance Technologies Ltd is engaged in the trading of information technology software products. The company's principal activities include software and hardware resale. Its products and services include short code services, enterprises mobile marketing, mobile marketing solution suit, electronic mail, and web integration, ad insertion program, wireless application protocol, mobile coupons page elements, OBD and IBD, e-mail marketing, call conferencing platform, and subscriber management platform. The firm generates revenue from the sale of IT products.

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