Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) Accounts Payable & Accrued Expense : ₹923 Mil (As of Sep. 2023)

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What is Apeejay Surrendra Park Hotels Accounts Payable & Accrued Expense?

Apeejay Surrendra Park Hotels's quarterly accounts payable & accrued expense increased from Sep. 2022 (₹0 Mil) to Mar. 2023 (₹1,322 Mil) but then declined from Mar. 2023 (₹1,322 Mil) to Sep. 2023 (₹923 Mil).

Apeejay Surrendra Park Hotels's annual accounts payable & accrued expense declined from Mar. 2021 (₹741 Mil) to Mar. 2022 (₹713 Mil) but then increased from Mar. 2022 (₹713 Mil) to Mar. 2023 (₹1,322 Mil).

Apeejay Surrendra Park Hotels Accounts Payable & Accrued Expense Historical Data

The historical data trend for Apeejay Surrendra Park Hotels'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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Apeejay Surrendra Park Hotels Accounts Payable & Accrued Expense Chart

Apeejay Surrendra Park Hotels Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

740.60

712.59

1,322.41

Apeejay Surrendra Park Hotels Quarterly Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	740.60	712.59	-	1,322.41	923.48

Apeejay Surrendra Park Hotels 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.

Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Apeejay Surrendra Park Hotels Ltd (NSE:PARKHOTELS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

544111:India

Address

N80, Connaught Place, New Delhi, IND, 110001

Website

https://www.theparkhotels.com

Apeejay Surrendra Park Hotels Ltd is engaged in hotel business. It operate hotels under following four brands, namely "THE PARK, "THE PARK Collection", "Zone by The Park", "Zone Connect by The Park" and have recently launched economy motel brand, "Stop by Zone".

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