Drone Destination (NSE:DRONE) Accounts Payable & Accrued Expense : ₹28.3 Mil (As of Mar. 2023)

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What is Drone Destination Accounts Payable & Accrued Expense?

Drone Destination's quarterly accounts payable & accrued expense increased from Mar. 2021 (₹3.9 Mil) to Mar. 2022 (₹7.2 Mil) and increased from Mar. 2022 (₹7.2 Mil) to Mar. 2023 (₹28.3 Mil).

Drone Destination's annual accounts payable & accrued expense increased from Mar. 2021 (₹3.9 Mil) to Mar. 2022 (₹7.2 Mil) and increased from Mar. 2022 (₹7.2 Mil) to Mar. 2023 (₹28.3 Mil).

Drone Destination Accounts Payable & Accrued Expense Historical Data

The historical data trend for Drone Destination'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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Drone Destination Accounts Payable & Accrued Expense Chart

Drone Destination Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

3.91

7.20

28.30

Drone Destination Semi-Annual Data
	Mar21	Mar22	Mar23
Accounts Payable & Accrued Expense	3.91	7.20	28.30

Drone Destination 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.

Drone Destination (NSE:DRONE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Drone Destination Ltd (NSE:DRONE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-13, Ground Floor, Panchsheel Enclave, Delhi, IND, 110017

Website

https://www.thedronedestination.com

Drone Destination Ltd is a DGCA-authorized Remote Pilot Training Organization that has developed an integrated drone eco-system built around drone manufacturing, certified training, services, and renting a drone. The company operates the largest network of DGCA-certified Drone Pilot Training Programs. Drone Destination currently operates nine Drone Hubs at Gurugram, Dharamshala, Chandigarh, Gwalior, Ahmedabad, Bangalore, Coimbatore, Madurai and IFFCO Phulpur.

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