Synoptics Technologies (NSE:SYNOPTICS) Accounts Payable & Accrued Expense : ₹82.8 Mil (As of Mar. 2022)

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What is Synoptics Technologies Accounts Payable & Accrued Expense?

Synoptics Technologies's quarterly accounts payable & accrued expense increased from Mar. 2020 (₹74.5 Mil) to Mar. 2021 (₹86.2 Mil) but then declined from Mar. 2021 (₹86.2 Mil) to Mar. 2022 (₹82.8 Mil).

Synoptics Technologies's annual accounts payable & accrued expense increased from Mar. 2020 (₹74.5 Mil) to Mar. 2021 (₹86.2 Mil) but then declined from Mar. 2021 (₹86.2 Mil) to Mar. 2022 (₹82.8 Mil).

Synoptics Technologies Accounts Payable & Accrued Expense Historical Data

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

Synoptics Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Accounts Payable & Accrued Expense

74.47

86.23

82.77

Synoptics Technologies Semi-Annual Data
	Mar20	Mar21	Mar22
Accounts Payable & Accrued Expense	74.47	86.23	82.77

Synoptics Technologies 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.

Synoptics Technologies (NSE:SYNOPTICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synoptics Technologies Ltd (NSE:SYNOPTICS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064

Website

https://synoptics.co.in

Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

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