Modison (NSE:MODISONLTD) Accounts Payable & Accrued Expense : ₹84 Mil (As of Sep. 2024)

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What is Modison Accounts Payable & Accrued Expense?

Modison's quarterly accounts payable & accrued expense declined from Mar. 2024 (₹154 Mil) to Jun. 2024 (₹0 Mil) but then increased from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹84 Mil).

Modison's annual accounts payable & accrued expense increased from Mar. 2022 (₹103 Mil) to Mar. 2023 (₹130 Mil) and increased from Mar. 2023 (₹130 Mil) to Mar. 2024 (₹154 Mil).

Modison Accounts Payable & Accrued Expense Historical Data

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

Modison Annual Data

Trend

Mar15

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Mar21

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Mar24

Accounts Payable & Accrued Expense

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59.18

108.57

102.57

129.98

154.43

Modison 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															97.63	-	154.43	-	83.74

Modison 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.

Modison Business Description

Industry

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Traded in Other Exchanges

506261:India

Address

33 Nariman Bhavan, 227 Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.modison.com

Modison Ltd is an India-based holding company. It is a manufacturer of Electrical contacts in all three segments, LV, MV & HV. Its products are Electrical Contacts that include Low Voltage Electrical Contacts, Medium & High Voltage Electrical Contacts, Precious Metal Compounds; Silver Bullion; and Value Added Services. The company operates in the manufacturing of electrical contacts segment. The majority of its revenue is earned through the Indian market, and it also has a presence in various other countries.

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