Sonal Mercantile (BOM:538943) Accounts Payable & Accrued Expense : ₹0.0 Mil (As of Mar. 2024)

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What is Sonal Mercantile Accounts Payable & Accrued Expense?

Sonal Mercantile's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹10.9 Mil) to Dec. 2023 (₹0.0 Mil) but then stayed the same from Dec. 2023 (₹0.0 Mil) to Mar. 2024 (₹0.0 Mil).

Sonal Mercantile's annual accounts payable & accrued expense declined from Mar. 2022 (₹35.1 Mil) to Mar. 2023 (₹25.1 Mil) and declined from Mar. 2023 (₹25.1 Mil) to Mar. 2024 (₹0.0 Mil).

Sonal Mercantile Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sonal Mercantile'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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Sonal Mercantile Accounts Payable & Accrued Expense Chart

Sonal Mercantile Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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9.73

37.46

35.11

25.10

Sonal Mercantile Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															25.10	-	10.90	-	-

Sonal Mercantile 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.

Sonal Mercantile (BOM:538943) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sonal Mercantile Ltd (BOM:538943) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

365, Vardhman Plaza, III Floor, Sector-3, Rohini, New Delhi, IND, 110085

Website

https://www.sonalmercantile.in

Sonal Mercantile Ltd is an India-based non-banking financial company. It is engaged in providing secured and unsecured loans and advances and is also involved in investing in quoted and unquoted securities in the stock and commodity markets. The company offers inter-corporate loans, personal loans, long-term and short-term loans, Trade financing, Bills Discounting, Project Appraisal, Loans against Guarantees, and Properties.

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