Arihant Institute (BOM:541401) Accounts Payable & Accrued Expense : ₹1.12 Mil (As of Sep. 2023)

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What is Arihant Institute Accounts Payable & Accrued Expense?

Arihant Institute's quarterly accounts payable & accrued expense declined from Sep. 2022 (₹1.31 Mil) to Mar. 2023 (₹1.09 Mil) but then increased from Mar. 2023 (₹1.09 Mil) to Sep. 2023 (₹1.12 Mil).

Arihant Institute's annual accounts payable & accrued expense increased from Mar. 2021 (₹7.92 Mil) to Mar. 2022 (₹7.97 Mil) but then declined from Mar. 2022 (₹7.97 Mil) to Mar. 2023 (₹1.09 Mil).

Arihant Institute Accounts Payable & Accrued Expense Historical Data

The historical data trend for Arihant Institute'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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Arihant Institute Accounts Payable & Accrued Expense Chart

Arihant Institute Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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10.80

8.14

7.92

7.97

1.09

Arihant Institute Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												-	7.97	1.31	1.09	1.12

Arihant Institute 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.

Arihant Institute (BOM:541401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arihant Institute Ltd (BOM:541401) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

PBYA BOM:530093 BOM:542592 BOM:543443 TSXV:CHN

Traded in Other Exchanges

N/A

Address

201,202, Ratna High Street, Near Naranpura Crossroad, 2nd Floor, Naranpura, Ahmedabad, GJ, IND, 380 013

Website

http://www.arihantinstitute.com

Arihant Institute Ltd is engaged in providing coaching and educational guidance for students appearing for professional courses such as Company Secretary, Chartered Accountant, and CMA, among others. It provides coaching and guidance from entry-level test exams till the final exam and covers all the subjects in depth with the test series. The company operates the educational program and coaching under the brand name Arihant Institute. It generates its revenue in the form of income from Education, E-learning, E-library, Online study materials, and others.

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