Vedant Asset (BOM:543623) Accounts Payable & Accrued Expense : ₹2.22 Mil (As of Mar. 2024)

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What is Vedant Asset Accounts Payable & Accrued Expense?

Vedant Asset's quarterly accounts payable & accrued expense declined from Mar. 2023 (₹1.64 Mil) to Sep. 2023 (₹0.40 Mil) but then increased from Sep. 2023 (₹0.40 Mil) to Mar. 2024 (₹2.22 Mil).

Vedant Asset's annual accounts payable & accrued expense increased from Mar. 2022 (₹1.41 Mil) to Mar. 2023 (₹1.64 Mil) and increased from Mar. 2023 (₹1.64 Mil) to Mar. 2024 (₹2.22 Mil).

Vedant Asset Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vedant Asset'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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Vedant Asset Accounts Payable & Accrued Expense Chart

Vedant Asset Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

0.13

0.30

1.41

1.64

2.22

Vedant Asset Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			1.41	-	1.64	0.40	2.22

Vedant Asset 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.

Vedant Asset (BOM:543623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vedant Asset Ltd (BOM:543623) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 rd Floor, Gayways House, Pee Pee Compound, Ranchi, JH, IND, 834001

Website

https://www.vedantasset.com

Vedant Asset Ltd is engaged in a Financial Investment Super Market for private and rural investors. The core business is to earn revenue from brokerage and commission by managing funds of investors with various mutual fund houses and providing Banking Correspondence Services in association with various banks.

Vedant Asset (BOM:543623) Headlines

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