Magellanic Cloud (BOM:538891) Accounts Payable & Accrued Expense : ₹594 Mil (As of Mar. 2024)

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What is Magellanic Cloud Accounts Payable & Accrued Expense?

Magellanic Cloud's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹840 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹594 Mil).

Magellanic Cloud's annual accounts payable & accrued expense increased from Mar. 2022 (₹228 Mil) to Mar. 2023 (₹545 Mil) and increased from Mar. 2023 (₹545 Mil) to Mar. 2024 (₹594 Mil).

Magellanic Cloud Accounts Payable & Accrued Expense Historical Data

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

Magellanic Cloud Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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61.02

183.94

227.66

544.60

594.24

Magellanic Cloud 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															544.60	-	840.36	-	594.24

Magellanic Cloud 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.

Magellanic Cloud (BOM:538891) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magellanic Cloud Ltd (BOM:538891) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Dallas Center, 83/1, Plot No. A1, 6th & 7th Floor, Hyderabad Knowledge City, Rai Durg, Madhapur, Hyderabad, TG, IND, 500032

Website

https://magellanic-cloud.com

Magellanic Cloud Ltd is a provider of IT services. It is engaged in software development, consulting, digital transformation, and DevOps. The company has also ventured into FMCG products. It operates through two segments, namely, IT Consulting Services and FMCG Product Division. The company earns the majority of its revenue from FMCG Product Division.

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