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ROX Hi-Tech (NSE:ROXHITECH) Accounts Payable & Accrued Expense : ₹88 Mil (As of Mar. 2023)


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What is ROX Hi-Tech Accounts Payable & Accrued Expense?

ROX Hi-Tech's quarterly accounts payable & accrued expense declined from Mar. 2021 (₹197 Mil) to Mar. 2022 (₹110 Mil) and declined from Mar. 2022 (₹110 Mil) to Mar. 2023 (₹88 Mil).

ROX Hi-Tech's annual accounts payable & accrued expense declined from Mar. 2021 (₹197 Mil) to Mar. 2022 (₹110 Mil) and declined from Mar. 2022 (₹110 Mil) to Mar. 2023 (₹88 Mil).

ROX Hi-Tech Accounts Payable & Accrued Expense Historical Data

The historical data trend for ROX Hi-Tech'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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ROX Hi-Tech Accounts Payable & Accrued Expense Chart

ROX Hi-Tech Annual Data
Trend Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
196.97 110.49 88.19

ROX Hi-Tech Semi-Annual Data
Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense 196.97 110.49 88.19

ROX Hi-Tech 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.

ROX Hi-Tech (NSE:ROXHITECH) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » ROX Hi-Tech Ltd (NSE:ROXHITECH) » Definitions » Accounts Payable & Accrued Expense
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Address
Mahalingapuram Main Road, Old No.101B, New No.160, 1st & 3rd Floor, Nungambakkam, Chennai, TN, IND, 600034
Website
https://www.rox.co.in
ROX Hi-Tech Ltd is a customer-centric IT solutions provider committed to excellence. It offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services. The company is India's leading end-to-end IT solution provider.

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