Arihant Academy (NSE:ARIHANTACA) Accounts Payable & Accrued Expense : ₹4.1 Mil (As of Sep. 2023)

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What is Arihant Academy Accounts Payable & Accrued Expense?

Arihant Academy's quarterly accounts payable & accrued expense increased from Dec. 2022 (₹0.0 Mil) to Mar. 2023 (₹11.8 Mil) but then declined from Mar. 2023 (₹11.8 Mil) to Sep. 2023 (₹4.1 Mil).

Arihant Academy's annual accounts payable & accrued expense increased from Mar. 2021 (₹1.2 Mil) to Mar. 2022 (₹8.1 Mil) and increased from Mar. 2022 (₹8.1 Mil) to Mar. 2023 (₹11.8 Mil).

Arihant Academy Accounts Payable & Accrued Expense Historical Data

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

Arihant Academy Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

1.28

1.24

8.14

11.78

Arihant Academy Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			8.14	-	-	11.78	4.08

Arihant Academy 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 Academy (NSE:ARIHANTACA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arihant Academy Ltd (NSE:ARIHANTACA) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

Carter Road No. 3, Ground Floor, Triveni Sadan, Opposite Ambe Mata Temple, Borivali (East), Mumbai, MH, IND, 400 066

Website

https://www.arihantacademy.com

Arihant Academy Ltd is engaged in providing coaching services and parallel educational support in India. It is a coaching institute for SSC, ICSE, Science & Commerce, and also for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra), CS and CA for the entry-level and second level exam. The company generates key revenue from coaching services. It provides a comprehensive range of coaching services to students across various fields: Secondary School Section (SSC, ICSE & CBSE BOARD) and Higher Secondary Section.

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