Amiable Logistics (India) (NSE:AMIABLE) Accounts Payable & Accrued Expense : ₹18.3 Mil (As of Mar. 2023)

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What is Amiable Logistics (India) Accounts Payable & Accrued Expense?

Amiable Logistics (India)'s quarterly accounts payable & accrued expense declined from Mar. 2022 (₹17.9 Mil) to Sep. 2022 (₹8.8 Mil) but then increased from Sep. 2022 (₹8.8 Mil) to Mar. 2023 (₹18.3 Mil).

Amiable Logistics (India)'s annual accounts payable & accrued expense increased from Mar. 2021 (₹5.1 Mil) to Mar. 2022 (₹17.9 Mil) and increased from Mar. 2022 (₹17.9 Mil) to Mar. 2023 (₹18.3 Mil).

Amiable Logistics (India) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Amiable Logistics (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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Amiable Logistics (India) Accounts Payable & Accrued Expense Chart

Amiable Logistics (India) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

4.10

5.10

17.88

18.34

Amiable Logistics (India) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23
Accounts Payable & Accrued Expense	4.10	5.10	17.88	8.78	18.34

Amiable Logistics (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.

Amiable Logistics (India) (NSE:AMIABLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Amiable Logistics (India) Ltd (NSE:AMIABLE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Neelkanth Business Park, Kirol Village, 322, 3rd Floor, D-Wing, Near Bus Depot Vidhyavihar (West), Mumbai, MH, IND, 400086

Website

https://www.amiablelogistics.com

Amiable Logistics (India) Ltd is engaged in the business of providing services to importers and exporters for the smooth clearance of all kinds of imports and exports by air and sea as a clearing and forwarding agent and customs house broker.

Amiable Logistics (India) (NSE:AMIABLE) Headlines

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