Palayan Resources (Palayan Resources) Accounts Payable & Accrued Expense : $0.31 Mil (As of Dec. 2022)

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What is Palayan Resources Accounts Payable & Accrued Expense?

Palayan Resources's quarterly accounts payable & accrued expense increased from Jun. 2022 ($0.17 Mil) to Sep. 2022 ($0.24 Mil) and increased from Sep. 2022 ($0.24 Mil) to Dec. 2022 ($0.31 Mil).

Palayan Resources's annual accounts payable & accrued expense declined from Mar. 2020 ($0.17 Mil) to Mar. 2021 ($0.01 Mil) but then increased from Mar. 2021 ($0.01 Mil) to Mar. 2022 ($0.10 Mil).

Palayan Resources Accounts Payable & Accrued Expense Historical Data

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

Palayan Resources Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Accounts Payable & Accrued Expense

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0.12

0.15

0.17

0.01

0.10

Palayan Resources Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.03	0.10	0.17	0.24	0.31

Palayan Resources 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.