Ascom Leasing & Investments (NSE:ASCOM) Accounts Payable & Accrued Expense : ₹4.0 Mil (As of Mar. 2023)

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What is Ascom Leasing & Investments Accounts Payable & Accrued Expense?

Ascom Leasing & Investments's quarterly accounts payable & accrued expense increased from Mar. 2021 (₹2.8 Mil) to Mar. 2022 (₹6.1 Mil) but then declined from Mar. 2022 (₹6.1 Mil) to Mar. 2023 (₹4.0 Mil).

Ascom Leasing & Investments's annual accounts payable & accrued expense increased from Mar. 2021 (₹2.8 Mil) to Mar. 2022 (₹6.1 Mil) but then declined from Mar. 2022 (₹6.1 Mil) to Mar. 2023 (₹4.0 Mil).

Ascom Leasing & Investments Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ascom Leasing & Investments'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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Ascom Leasing & Investments Accounts Payable & Accrued Expense Chart

Ascom Leasing & Investments Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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7.69

3.24

2.80

6.15

4.03

Ascom Leasing & Investments Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			7.69	3.24	2.80	6.15	4.03

Ascom Leasing & Investments 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.

Ascom Leasing & Investments (NSE:ASCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ascom Leasing & Investments Ltd (NSE:ASCOM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Manibha Park, Surat, GJ, IND, 395007

Website

https://www.ascomfinance.com

Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

Ascom Leasing & Investments (NSE:ASCOM) Headlines

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