Micropro Software Solutions (NSE:MICROPRO) Accounts Payable & Accrued Expense : ₹29.5 Mil (As of Mar. 2023)

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What is Micropro Software Solutions Accounts Payable & Accrued Expense?

Micropro Software Solutions's quarterly accounts payable & accrued expense increased from Mar. 2021 (₹21.1 Mil) to Mar. 2022 (₹29.3 Mil) and increased from Mar. 2022 (₹29.3 Mil) to Mar. 2023 (₹29.5 Mil).

Micropro Software Solutions's annual accounts payable & accrued expense increased from Mar. 2021 (₹21.1 Mil) to Mar. 2022 (₹29.3 Mil) and increased from Mar. 2022 (₹29.3 Mil) to Mar. 2023 (₹29.5 Mil).

Micropro Software Solutions Accounts Payable & Accrued Expense Historical Data

The historical data trend for Micropro Software Solutions'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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Micropro Software Solutions Accounts Payable & Accrued Expense Chart

Micropro Software Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

21.10

29.31

29.47

Micropro Software Solutions Semi-Annual Data
	Mar21	Mar22	Mar23
Accounts Payable & Accrued Expense	21.10	29.31	29.47

Micropro Software Solutions 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.

Micropro Software Solutions (NSE:MICROPRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Micropro Software Solutions Ltd (NSE:MICROPRO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022

Website

https://www.microproindia.com

Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

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