Niks Technology (BOM:543282) Accounts Payable & Accrued Expense : ₹2.16 Mil (As of Sep. 2023)

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What is Niks Technology Accounts Payable & Accrued Expense?

Niks Technology's quarterly accounts payable & accrued expense increased from Sep. 2022 (₹0.00 Mil) to Mar. 2023 (₹13.71 Mil) but then declined from Mar. 2023 (₹13.71 Mil) to Sep. 2023 (₹2.16 Mil).

Niks Technology's annual accounts payable & accrued expense declined from Mar. 2021 (₹4.99 Mil) to Mar. 2022 (₹2.00 Mil) but then increased from Mar. 2022 (₹2.00 Mil) to Mar. 2023 (₹13.71 Mil).

Niks Technology Accounts Payable & Accrued Expense Historical Data

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

Niks Technology Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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0.24

0.88

4.99

2.00

13.71

Niks Technology Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					1.78	2.00	-	13.71	2.16

Niks Technology 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.

Niks Technology (BOM:543282) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Niks Technology Ltd (BOM:543282) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Old Bypass Main Road, Flat No. 501, Shiv Laxmi Plaza, Opposite Rajendra Nagar Terminal, Kankarbagh, Patna, BR, IND, 800020

Website

https://www.nikstech.com

Niks Technology Ltd is an information technology solution service provider company. It offers a range of services such as cyber security, digital marketing, software development, website development, mobile app development, android app development, and classroom training and certification courses to students through offline and online routes.

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