Mahaveer Infoway (BOM:539383) Accounts Payable & Accrued Expense : ₹0.65 Mil (As of Mar. 2024)

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What is Mahaveer Infoway Accounts Payable & Accrued Expense?

Mahaveer Infoway's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹0.57 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹0.65 Mil).

Mahaveer Infoway's annual accounts payable & accrued expense increased from Mar. 2022 (₹0.26 Mil) to Mar. 2023 (₹0.54 Mil) and increased from Mar. 2023 (₹0.54 Mil) to Mar. 2024 (₹0.65 Mil).

Mahaveer Infoway Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mahaveer Infoway'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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Mahaveer Infoway Accounts Payable & Accrued Expense Chart

Mahaveer Infoway Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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2.03

2.72

0.26

0.54

0.65

Mahaveer Infoway 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															0.54	-	0.57	-	0.65

Mahaveer Infoway 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.

Mahaveer Infoway (BOM:539383) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mahaveer Infoway Ltd (BOM:539383) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

7-1-24/2/C, 301/A, Dhansi Surabhi Complex, Greenlands, Ameerpet, Hyderabad, TG, IND, 500016

Website

http://www.minfy.com

Mahaveer Infoway Ltd is a provider of Technology-oriented solutions and has business operations in the fields of Software Development, IT Consulting, Networking Solutions, Software Testing, and Offshore Staffing. The company also offers consulting and information technology (IT) services. It provides a range of services, including software development, Cloud Services in partnership with Amazon, Product and Application testing, packaged software integration, system maintenance, and engineering design services. Its software products segment engages in the product development and creation of propriety software. It generates the majority of its revenue from the sale of trading goods and software development and related services.

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