Ramco Systems (BOM:532370) Accounts Payable & Accrued Expense : ₹618 Mil (As of Mar. 2025)

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What is Ramco Systems Accounts Payable & Accrued Expense?

Ramco Systems's quarterly accounts payable & accrued expense declined from Sep. 2024 (₹784 Mil) to Dec. 2024 (₹0 Mil) but then increased from Dec. 2024 (₹0 Mil) to Mar. 2025 (₹618 Mil).

Ramco Systems's annual accounts payable & accrued expense increased from Mar. 2023 (₹1,130 Mil) to Mar. 2024 (₹1,183 Mil) but then declined from Mar. 2024 (₹1,183 Mil) to Mar. 2025 (₹618 Mil).

Ramco Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ramco Systems'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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Ramco Systems Accounts Payable & Accrued Expense Chart

Ramco Systems Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

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Mar22

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Mar25

Accounts Payable & Accrued Expense

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972.50

1,038.33

1,129.92

1,183.32

618.15

Ramco Systems Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,183.32	-	784.42	-	618.15

Ramco Systems 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.

Ramco Systems Business Description

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RAMCOSYS:India

Address

No. 64, Sardar Patel Road, Taramani, Chennai, TN, IND, 600 113

Website

https://www.ramco.com

Ramco Systems Ltd develops software and software products for human capital management, payroll, enterprise resource management, monitoring and evaluation, and maintenance, repair, and overhaul providers in the Aviation industry. The company develops software through its enterprise application assembly and delivery platform Ramco VirtualWorks for transaction systems and Ramco DecisionWorks for analytics/reporting. The product portfolio of the company includes aviation, aerospace & defense management software, enterprise resource planning software, payroll & logistics software on the cloud. The majority of its revenue is earned from the sale of licenses and services.

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