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Medi Assist Healthcare Services (NSE:MEDIASSIST) Accounts Payable & Accrued Expense : ₹442 Mil (As of Mar. 2024)


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What is Medi Assist Healthcare Services Accounts Payable & Accrued Expense?

Medi Assist Healthcare Services's quarterly accounts payable & accrued expense declined from Mar. 2023 (₹574 Mil) to Sep. 2023 (₹547 Mil) and declined from Sep. 2023 (₹547 Mil) to Mar. 2024 (₹442 Mil).

Medi Assist Healthcare Services's annual accounts payable & accrued expense increased from Mar. 2022 (₹423 Mil) to Mar. 2023 (₹574 Mil) but then declined from Mar. 2023 (₹574 Mil) to Mar. 2024 (₹442 Mil).


Medi Assist Healthcare Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for Medi Assist Healthcare Services'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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Medi Assist Healthcare Services Accounts Payable & Accrued Expense Chart

Medi Assist Healthcare Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
437.34 423.14 573.70 441.99

Medi Assist Healthcare Services Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 423.14 - 573.70 547.36 441.99

Medi Assist Healthcare Services 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.


Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

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Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.

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