Lippi Systems (BOM:526604) Accounts Payable & Accrued Expense : ₹0.68 Mil (As of Mar. 2024)

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What is Lippi Systems Accounts Payable & Accrued Expense?

Lippi Systems's quarterly accounts payable & accrued expense increased from Sep. 2023 (₹0.53 Mil) to Dec. 2023 (₹0.68 Mil) and increased from Dec. 2023 (₹0.68 Mil) to Mar. 2024 (₹0.68 Mil).

Lippi Systems's annual accounts payable & accrued expense declined from Mar. 2022 (₹5.51 Mil) to Mar. 2023 (₹1.98 Mil) and declined from Mar. 2023 (₹1.98 Mil) to Mar. 2024 (₹0.68 Mil).

Lippi Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lippi Systems'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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Lippi Systems Accounts Payable & Accrued Expense Chart

Lippi Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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9.90

8.89

5.51

1.98

0.68

Lippi Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.98	-	0.53	0.68	0.68

Lippi Systems 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.

Lippi Systems (BOM:526604) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lippi Systems Ltd (BOM:526604) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

132ft Ring Road, Satellite, 3rd Floor, Satya Complex, Opposite IOC Petrol Pump, Near Ashwamegh-IV, Ahmedabad, GJ, IND, 380015

Website

https://www.lippisystems.com

Lippi Systems Ltd is engaged in the manufacture of rotogravure cylinders by digital engraving process in India. The company has two business segments namely Manufacturing of Engraved Cylinders and Power Generation through Windmills. Its products are used in rotogravure printing, anilox rollers for flexo, adhesive coating, and decorative printing. The company generates maximum revenue from the Power Generation through the Windmill segment.

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