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Wipro (WIT) Accounts Payable & Accrued Expense : $1,207 Mil (As of Sep. 2023)


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What is Wipro Accounts Payable & Accrued Expense?

Wipro's quarterly accounts payable & accrued expense increased from Mar. 2023 ($1,312 Mil) to Jun. 2023 ($1,540 Mil) but then declined from Jun. 2023 ($1,540 Mil) to Sep. 2023 ($1,207 Mil).

Wipro's annual accounts payable & accrued expense increased from Mar. 2021 ($1,289 Mil) to Mar. 2022 ($1,772 Mil) but then declined from Mar. 2022 ($1,772 Mil) to Mar. 2023 ($1,312 Mil).


Wipro Accounts Payable & Accrued Expense Historical Data

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

Wipro Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,408.05 1,205.40 1,288.61 1,772.49 1,311.59

Wipro Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1,408.26 1,323.97 1,311.59 1,539.81 1,206.56

Wipro 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.


Wipro (WIT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Wipro Ltd (NYSE:WIT) » Definitions » Accounts Payable & Accrued Expense
Address
Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560 035
Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.