Globesecure Technologies (NSE:GSTL) Accounts Payable & Accrued Expense : ₹9.7 Mil (As of Sep. 2023)

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What is Globesecure Technologies Accounts Payable & Accrued Expense?

Globesecure Technologies's quarterly accounts payable & accrued expense increased from Sep. 2022 (₹100.6 Mil) to Mar. 2023 (₹101.9 Mil) but then declined from Mar. 2023 (₹101.9 Mil) to Sep. 2023 (₹9.7 Mil).

Globesecure Technologies's annual accounts payable & accrued expense increased from Mar. 2021 (₹115.1 Mil) to Mar. 2022 (₹196.2 Mil) but then declined from Mar. 2022 (₹196.2 Mil) to Mar. 2023 (₹101.9 Mil).

Globesecure Technologies Accounts Payable & Accrued Expense Historical Data

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

Globesecure Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

71.91

102.60

115.11

196.24

101.87

Globesecure Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	196.24	100.56	101.87	9.68

Globesecure Technologies 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.

Globesecure Technologies (NSE:GSTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Globesecure Technologies Ltd (NSE:GSTL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-614, 215 Atrium, Kanakia Spacs, Near Courtyard Marriott Hotel, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.globesecure.in

Globesecure Technologies Ltd is a digital transformation company in India that offers cyber security services. The company's business line is classified into three divisions namely Cyber Security, Integrated Enterprise Solutions, and Managed Services including cyber forensics, cyber security, data security services, protection of computer networks, Email security, server consolidation and transformation, hosting, infrastructure-as-a-service, cloud-based big data and analytics solution, application modernization and others. The company generates its revenue from Sales of IT and IT-enabled services.

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