Trident Techlabs (NSE:TECHLABS) Accounts Payable & Accrued Expense : ₹286.2 Mil (As of Mar. 2024)

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What is Trident Techlabs Accounts Payable & Accrued Expense?

Trident Techlabs's quarterly accounts payable & accrued expense declined from Mar. 2022 (₹95.1 Mil) to Mar. 2023 (₹63.3 Mil) but then increased from Mar. 2023 (₹63.3 Mil) to Mar. 2024 (₹286.2 Mil).

Trident Techlabs's annual accounts payable & accrued expense declined from Mar. 2022 (₹95.1 Mil) to Mar. 2023 (₹63.3 Mil) but then increased from Mar. 2023 (₹63.3 Mil) to Mar. 2024 (₹286.2 Mil).

Trident Techlabs Accounts Payable & Accrued Expense Historical Data

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

Trident Techlabs Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

139.01

95.05

63.34

286.24

Trident Techlabs Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Accounts Payable & Accrued Expense	139.01	95.05	63.34	286.24

Trident Techlabs 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.

Trident Techlabs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trident Techlabs Ltd (NSE:TECHLABS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Rani Jhansi Road, 1/18-20, 2nd floor, White House, New Delhi, IND, 110055

Website

https://www.tridenttechlabs.com

Trident Techlabs Ltd offers custom-built technology solutions to corporates in the aerospace, defense, automotive, telecom, semiconductor and power distribution sectors. It has two business verticals i.e. Engineering Solutions and Power System Solutions. Engineering Solutions portfolio consists of system-level electronics design, chip-level electronics design, embedded design, PCB designing, electromagnetic simulations and other products and services. Power Solutions portfolio of products and related services helps power distribution utilities that face new challenges due to the ever-changing nature of the industry and the increasing pressure on network reliability. The company operates in two segments; trading business, and consultancy business which generates the majority of the revenue.

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