RNFI Services (NSE:RNFI) Accounts Payable & Accrued Expense : ₹37 Mil (As of Sep. 2024)

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What is RNFI Services Accounts Payable & Accrued Expense?

RNFI Services's quarterly accounts payable & accrued expense increased from Sep. 2023 (₹327 Mil) to Mar. 2024 (₹451 Mil) but then declined from Mar. 2024 (₹451 Mil) to Sep. 2024 (₹37 Mil).

RNFI Services's annual accounts payable & accrued expense increased from Mar. 2022 (₹233 Mil) to Mar. 2023 (₹293 Mil) and increased from Mar. 2023 (₹293 Mil) to Mar. 2024 (₹451 Mil).

RNFI Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for RNFI 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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RNFI Services Accounts Payable & Accrued Expense Chart

RNFI Services Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

111.87

233.14

293.17

451.27

RNFI Services Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			233.14	293.17	326.71	451.27	37.43

RNFI 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.

RNFI Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » RNFI Services Ltd (NSE:RNFI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

DLF Industrial Area, Plot No. 42, UG-5, Relipay House, Kirti Nagar, West Delhi, New Delhi, IND, 110015

Website

https://www.rnfiservices.com

RNFI Services Ltd is a tech-enabled platform offering financial technology solutions in the B2B and B2B2C financial technology arena through an integrated business model via online portal and mobile application, focusing on providing banking, digital, and Government to Citizen (G2C) services on PAN India basis. It segregates its business into three segments namely; Business correspondent services; Non-business correspondent services; and others. Key revenue is generated from the Non-business correspondent services.

RNFI Services Headlines

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