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Veritaas Advertising (NSE:VERITAAS) Accounts Payable & Accrued Expense : ₹26.70 Mil (As of Sep. 2024)


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What is Veritaas Advertising Accounts Payable & Accrued Expense?

Veritaas Advertising's quarterly accounts payable & accrued expense declined from Mar. 2023 (₹29.57 Mil) to Sep. 2023 (₹0.00 Mil) but then increased from Sep. 2023 (₹0.00 Mil) to Sep. 2024 (₹26.70 Mil).

Veritaas Advertising's annual accounts payable & accrued expense increased from Mar. 2021 (₹11.93 Mil) to Mar. 2022 (₹14.01 Mil) and increased from Mar. 2022 (₹14.01 Mil) to Mar. 2023 (₹29.57 Mil).


Veritaas Advertising Accounts Payable & Accrued Expense Historical Data

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

Veritaas Advertising Annual Data
Trend Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
11.93 14.01 29.57

Veritaas Advertising Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
Accounts Payable & Accrued Expense 11.93 14.01 29.57 - 26.70

Veritaas Advertising 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.


Veritaas Advertising Business Description

Traded in Other Exchanges
N/A
Address
Gariahat South Road, 38/2A, Dhakuria, Rash Behari Avenue, Kolkata, WB, IND, 700029
Veritaas Advertising Ltd is an integrated advertising agency offering 360-degree services across multiple platforms. It operate/advertise in police booths and outdoor hoardings and offer marketing and advertising services through the following platforms OOH, Transit Media and Events. It provide high-end ecosystem and end-to-end advertising solutions platform for advertising media services consisting of Brand Strategy, Events, Outdoor (OOH) Media services which covers advertisement modes such as police booth hoardings, Newspapers insertions, Brochures, and display of Outdoor Hoardings, etc.

Veritaas Advertising Headlines

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