Spandana Sphoorty Financial (BOM:542759) Accounts Payable & Accrued Expense : ₹56 Mil (As of Mar. 2024)

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What is Spandana Sphoorty Financial Accounts Payable & Accrued Expense?

Spandana Sphoorty Financial's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹40 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹56 Mil).

Spandana Sphoorty Financial's annual accounts payable & accrued expense declined from Mar. 2022 (₹1,362 Mil) to Mar. 2023 (₹40 Mil) but then increased from Mar. 2023 (₹40 Mil) to Mar. 2024 (₹56 Mil).

Spandana Sphoorty Financial Accounts Payable & Accrued Expense Historical Data

The historical data trend for Spandana Sphoorty Financial'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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Spandana Sphoorty Financial Accounts Payable & Accrued Expense Chart

Spandana Sphoorty Financial Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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301.45

414.25

1,361.50

40.23

55.90

Spandana Sphoorty Financial 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															40.23	-	40.23	-	55.90

Spandana Sphoorty Financial 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.

Spandana Sphoorty Financial (BOM:542759) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Spandana Sphoorty Financial Ltd (BOM:542759) » Definitions » Accounts Payable & Accrued Expense

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SPANDANA:India

Address

Galaxy, Wing B, 16th Floor, Plot No.1, Sy No 83/1, TSIIC, Raidurg Panmaktha, Hyderabad Knowledge City, TG, IND, 500081

Website

https://www.spandanasphoorty.com

Spandana Sphoorty Financial Ltd is a rural-focused non-banking financial company with a geographically diversified presence in India. It offers income generation loans under the joint liability group model, predominantly to women from low-income households in rural areas. Further, it also offers, Gold loans, Interim loans, Loan against Property, and others. It has a single business segment which is financing. The company operates in India and generates key revenue from interest income.

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