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Lakshmi Finance & Industrial (NSE:LFIC) Accounts Payable & Accrued Expense : ₹5.37 Mil (As of Sep. 2024)


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What is Lakshmi Finance & Industrial Accounts Payable & Accrued Expense?

Lakshmi Finance & Industrial's quarterly accounts payable & accrued expense declined from Mar. 2024 (₹7.70 Mil) to Jun. 2024 (₹0.00 Mil) but then increased from Jun. 2024 (₹0.00 Mil) to Sep. 2024 (₹5.37 Mil).

Lakshmi Finance & Industrial's annual accounts payable & accrued expense increased from Mar. 2022 (₹0.68 Mil) to Mar. 2023 (₹8.28 Mil) but then declined from Mar. 2023 (₹8.28 Mil) to Mar. 2024 (₹7.70 Mil).


Lakshmi Finance & Industrial Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lakshmi Finance & Industrial'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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Lakshmi Finance & Industrial Accounts Payable & Accrued Expense Chart

Lakshmi Finance & Industrial Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 0.66 0.68 8.28 7.70

Lakshmi Finance & Industrial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.45 - 7.70 - 5.37

Lakshmi Finance & Industrial 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.


Lakshmi Finance & Industrial Business Description

Traded in Other Exchanges
N/A
Address
1st Floor, Suryodaya, 1-10-60/3, Begumpet, Hyderabad, TG, IND, 500016
Lakshmi Finance & Industrial Corp Ltd is an India-based non-banking finance company. The company is involved in financial activities mainly in long-term investments such as equity shares and mutual funds. The company is also engaged in leasing, hire purchase, bill discounting, and corporate finance.

Lakshmi Finance & Industrial Headlines

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