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Maks Energy Solutions India (NSE:MAKS) Accounts Payable & Accrued Expense : ₹20.1 Mil (As of Mar. 2023)


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What is Maks Energy Solutions India Accounts Payable & Accrued Expense?

Maks Energy Solutions India's quarterly accounts payable & accrued expense declined from Mar. 2021 (₹68.9 Mil) to Mar. 2022 (₹51.1 Mil) and declined from Mar. 2022 (₹51.1 Mil) to Mar. 2023 (₹20.1 Mil).

Maks Energy Solutions India's annual accounts payable & accrued expense declined from Mar. 2021 (₹68.9 Mil) to Mar. 2022 (₹51.1 Mil) and declined from Mar. 2022 (₹51.1 Mil) to Mar. 2023 (₹20.1 Mil).


Maks Energy Solutions India Accounts Payable & Accrued Expense Historical Data

The historical data trend for Maks Energy Solutions 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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Maks Energy Solutions India Accounts Payable & Accrued Expense Chart

Maks Energy Solutions India Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
92.34 68.87 51.12 20.09

Maks Energy Solutions India Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense 92.34 68.87 51.12 20.09

Maks Energy Solutions 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.


Maks Energy Solutions India (NSE:MAKS) Business Description

Traded in Other Exchanges
N/A
Address
Shubham Society, Showroom-1, 599/600 Rasta Peth, Near- Parsi Agyari, Pune, MH, IND, 411011
Maks Energy Solutions India Ltd is engaged in the business of trading, dealing, assembling, selling, installing, testing, and commissioning generator and Diesel Generator sets. The company's products include Tata generators, Cummins generators, Perkins generators, and Spare parts. The company also has dealers outside India in Europe, Latin America, the USA, Singapore, the Middle East, Africa, Thailand, Nepal, Sri Lanka, and many other countries.

Maks Energy Solutions India (NSE:MAKS) Headlines

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