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L&T Technology Services (NSE:LTTS) Accounts Payable & Accrued Expense : ₹17,661 Mil (As of Mar. 2024)


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What is L&T Technology Services Accounts Payable & Accrued Expense?

L&T Technology Services's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹13,592 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹17,661 Mil).

L&T Technology Services's annual accounts payable & accrued expense increased from Mar. 2022 (₹6,814 Mil) to Mar. 2023 (₹23,858 Mil) but then declined from Mar. 2023 (₹23,858 Mil) to Mar. 2024 (₹17,661 Mil).


L&T Technology Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for L&T Technology Services'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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L&T Technology Services Accounts Payable & Accrued Expense Chart

L&T Technology Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,105.00 5,332.00 6,814.00 23,858.00 17,661.00

L&T Technology Services 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23,858.00 - 13,592.00 - 17,661.00

L&T Technology Services 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.


L&T Technology Services (NSE:LTTS) Business Description

Industry
Traded in Other Exchanges
Address
National Highway No. 8, Ajwa Waghodia Crossing, 5th Floor, West Block-II, L&T Knowledge City (IT/ITES) SEZ, Vadodara, GJ, IND, 390 019
L&T Technology Services Ltd is a provider of engineering and research services in connection to embedded systems and other engineering support services. The company's operating segments include Transportation; Industrial Products; Telecom and Hi-tech; Plant Engineering and Medical Devices. It generates maximum revenue from the Transportation segment. The transportation segment offers engineering services and solutions to the transportation industry, which includes OEM and Tier 1 suppliers in the automotive, trucks and off-highway vehicles, aerospace, and rail industries. Geographically, it derives a majority of its revenue from North America.

L&T Technology Services (NSE:LTTS) Headlines

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