Indus Gas (LSE:INDI) Accounts Payable & Accrued Expense : £1.52 Mil (As of Sep. 2023)

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What is Indus Gas Accounts Payable & Accrued Expense?

Indus Gas's quarterly accounts payable & accrued expense increased from Sep. 2022 (£1.85 Mil) to Mar. 2023 (£1.95 Mil) but then declined from Mar. 2023 (£1.95 Mil) to Sep. 2023 (£1.52 Mil).

Indus Gas's annual accounts payable & accrued expense declined from Mar. 2021 (£3.05 Mil) to Mar. 2022 (£1.40 Mil) but then increased from Mar. 2022 (£1.40 Mil) to Mar. 2023 (£1.95 Mil).

Indus Gas Accounts Payable & Accrued Expense Historical Data

The historical data trend for Indus Gas'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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Indus Gas Accounts Payable & Accrued Expense Chart

Indus Gas Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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1.84

2.74

3.05

1.40

1.95

Indus Gas Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.66	1.40	1.85	1.95	1.52

Indus Gas 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.

Indus Gas (LSE:INDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Indus Gas Ltd (LSE:INDI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

INDI.GB:UK 59Q:Germany

Address

Tudor House, 1st Floor, Le Bordage, Saint Peter Port, GGY, GY1 1DB

Website

https://www.indusgas.com

Indus Gas Ltd is an oil and gas exploration and development company. It is mainly engaged in exploring, developing, producing, distributing, and marketing hydrocarbons including natural gas initially in India. The company holds an interest in on-shore Block RJ-ON/6 situated in Indus Basin. Its products include natural gas and by-product condensate. The Company considers that it operates in a single operating segment the production and sale of gas. Geographically, it derives a majority of its revenue from Asia.