A.K. Capital Services (BOM:530499) Accounts Payable & Accrued Expense : ₹71 Mil (As of Mar. 2024)

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What is A.K. Capital Services Accounts Payable & Accrued Expense?

A.K. Capital Services's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹56 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹71 Mil).

A.K. Capital Services's annual accounts payable & accrued expense increased from Mar. 2022 (₹527 Mil) to Mar. 2023 (₹574 Mil) but then declined from Mar. 2023 (₹574 Mil) to Mar. 2024 (₹71 Mil).

A.K. Capital Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for A.K. Capital Services'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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A.K. Capital Services Accounts Payable & Accrued Expense Chart

A.K. Capital Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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430.25

505.55

526.55

573.88

71.10

A.K. Capital Services 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															573.88	-	55.74	-	71.10

A.K. Capital Services 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.

A.K. Capital Services (BOM:530499) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » A.K. Capital Services Ltd (BOM:530499) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Off CST Road, 603, 6th Floor, Windsor, Kalina, Santacruz (East), Mumbai, IND, 400 098

Website

https://www.akgroup.co.in

A.K. Capital Services Ltd is engaged in the provision of merchant banking services within India. The company operates through a single segment consisting of Investment and financial activity. The group's investment banking products and services include private placement of fixed income securities such as commercial paper, public issue of bond and non-convertible debentures, loan syndication, underwriting of debt issues, qualified institutional placements, and foreign institutional debt financing. In addition, it is involved in providing various services related to Broking & Distribution, Advisory, Financing, and Structured Products such as corporate debt restructuring, fundraising, offshore debt financing, and others.

A.K. Capital Services (BOM:530499) Headlines

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