Zoomcar Holdings (Zoomcar Holdings) Accounts Payable & Accrued Expense : $17.09 Mil (As of Dec. 2023)

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What is Zoomcar Holdings Accounts Payable & Accrued Expense?

Zoomcar Holdings's quarterly accounts payable & accrued expense declined from Mar. 2023 ($9.25 Mil) to Jun. 2023 ($8.97 Mil) but then increased from Jun. 2023 ($8.97 Mil) to Dec. 2023 ($17.09 Mil).

Zoomcar Holdings's annual accounts payable & accrued expense declined from Mar. 2021 ($13.38 Mil) to Mar. 2022 ($9.00 Mil) but then increased from Mar. 2022 ($9.00 Mil) to Mar. 2023 ($9.25 Mil).

Zoomcar Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zoomcar Holdings'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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Zoomcar Holdings Accounts Payable & Accrued Expense Chart

Zoomcar Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

13.38

9.00

9.25

Zoomcar Holdings Quarterly Data
	Mar21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	9.21	9.25	8.97	17.09

Zoomcar Holdings 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.

Zoomcar Holdings (Zoomcar Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zoomcar Holdings Inc (NAS:ZCAR) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

EO3:Germany

Address

HAL Old Airport Road, No.147, 1st Floor, ISRO Colony, Anjaneya Techno Park, Kodihalli, Bangalore, KA, IND, 560008

Website

https://www.zoomcar.com

Zoomcar Holdings Inc is India's largest marketplace for cars on rent. Zoomcar is a leading emerging-market-focused peer-to-peer car-sharing marketplace, with approximately 21,000 vehicles registered through its platform. The Company derives its revenue principally from short-term self-drive rentals and vehicle subscriptions. The self-drive rental business generates the majority of revenue. Geographically The company operates in India, Egypt, Indonesia, Vietnam, and the Philippines, Out of which the majority of revenue is derived from India.