Softsol India (BOM:532344) Accounts Payable & Accrued Expense : ₹0.0 Mil (As of Dec. 2023)

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What is Softsol India Accounts Payable & Accrued Expense?

Softsol India's quarterly accounts payable & accrued expense increased from Jun. 2023 (₹0.0 Mil) to Sep. 2023 (₹33.3 Mil) but then declined from Sep. 2023 (₹33.3 Mil) to Dec. 2023 (₹0.0 Mil).

Softsol India's annual accounts payable & accrued expense increased from Mar. 2021 (₹10.1 Mil) to Mar. 2022 (₹94.6 Mil) but then declined from Mar. 2022 (₹94.6 Mil) to Mar. 2023 (₹72.6 Mil).

Softsol India Accounts Payable & Accrued Expense Historical Data

The historical data trend for Softsol India'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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Softsol India Accounts Payable & Accrued Expense Chart

Softsol India Annual Data

Trend

Mar14

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Mar18

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Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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42.24

21.64

10.06

94.59

72.62

Softsol India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	72.62	-	33.29	-

Softsol India 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.

Softsol India (BOM:532344) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Softsol India Ltd (BOM:532344) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Plot No. 4, Software Units Layout, Madhapur, Hyderabad, TG, IND, 500081

Website

https://www.softsolindia.com

Softsol India Ltd is an India-based company, which is engaged in computer programming, consultancy, and related activities. It offers various services, including Enterprise Modernization, such as Power Builder, Mainframe, and Oracle forms; Testing Services; Custom Application Development; Cloud Computing Services; Strategic Consulting, and Remote Infrastructure Management. The company derives revenues primarily from information and technology services and leasing of properties or spaces.

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