Kundan Edifice (NSE:KEL) Accounts Payable & Accrued Expense : ₹44.5 Mil (As of Mar. 2023)

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What is Kundan Edifice Accounts Payable & Accrued Expense?

Kundan Edifice's quarterly accounts payable & accrued expense increased from Mar. 2021 (₹30.0 Mil) to Mar. 2022 (₹67.2 Mil) but then declined from Mar. 2022 (₹67.2 Mil) to Mar. 2023 (₹44.5 Mil).

Kundan Edifice's annual accounts payable & accrued expense increased from . 20 (₹0.0 Mil) to Mar. 2021 (₹30.0 Mil) and increased from Mar. 2021 (₹30.0 Mil) to Mar. 2022 (₹67.2 Mil).

Kundan Edifice Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kundan Edifice'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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Kundan Edifice Accounts Payable & Accrued Expense Chart

Kundan Edifice Annual Data

Trend

Mar21

Mar22

Accounts Payable & Accrued Expense

30.04

67.17

Kundan Edifice Semi-Annual Data
	Mar21	Mar22	Mar23
Accounts Payable & Accrued Expense	30.04	67.17	44.55

Kundan Edifice 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.

Kundan Edifice Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kundan Edifice Ltd (NSE:KEL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gala A/ B, Ganesh Industrial Estate, behind Burma Shell Petrol Pump, Vasai East, Palghar, MH, IND, 401208

Website

https://www.kundanedifice.com

Kundan Edifice Ltd is a Company engaged in manufacturing, assembly and sale of light emitting diode (LED) strip lights. They provide lighting solutions to some of the key electrical and electronic manufacturing brands in India. The Company has one reportable segment which is business of Manufacture & Selling LED Strip Lights.

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