Ekennis Software Service (BOM:543475) Accounts Payable & Accrued Expense : ₹1.45 Mil (As of Sep. 2023)

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What is Ekennis Software Service Accounts Payable & Accrued Expense?

Ekennis Software Service's quarterly accounts payable & accrued expense increased from Sep. 2022 (₹2.25 Mil) to Mar. 2023 (₹3.34 Mil) but then declined from Mar. 2023 (₹3.34 Mil) to Sep. 2023 (₹1.45 Mil).

Ekennis Software Service's annual accounts payable & accrued expense declined from Mar. 2021 (₹5.58 Mil) to Mar. 2022 (₹4.18 Mil) and declined from Mar. 2022 (₹4.18 Mil) to Mar. 2023 (₹3.34 Mil).

Ekennis Software Service Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ekennis Software Service'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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Ekennis Software Service Accounts Payable & Accrued Expense Chart

Ekennis Software Service Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

8.87

5.58

4.18

3.34

Ekennis Software Service Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	4.18	2.25	3.34	1.45

Ekennis Software Service 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.

Ekennis Software Service (BOM:543475) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ekennis Software Service Ltd (BOM:543475) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1&2 Second Floor, Neeladri Circle, Electronic City Phase-1, Dodathogur Village, Bangalore, KA, IND, 560100

Website

https://www.ekennis.com

Ekennis Software Service Ltd operates in the Information technology and Printing Industry. It is in the business of Software IT Solution and Consulting Services, IT Product / Software Development and Software Training, Enterprise Resource Planning solutions, Learning Management solutions, 3D Printing, Digital Printing and Packaging Design Management consultancy. The company generates majority of its revenue from Manpower Supply Services.

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