Persistent Systems (NSE:PERSISTENT) Accounts Payable & Accrued Expense : ₹8,686 Mil (As of Mar. 2024)

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What is Persistent Systems Accounts Payable & Accrued Expense?

Persistent Systems's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹7,080 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹8,686 Mil).

Persistent Systems's annual accounts payable & accrued expense increased from Mar. 2022 (₹6,668 Mil) to Mar. 2023 (₹9,008 Mil) but then declined from Mar. 2023 (₹9,008 Mil) to Mar. 2024 (₹8,686 Mil).

Persistent Systems Accounts Payable & Accrued Expense Historical Data

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

Persistent Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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2,807.43

3,345.04

6,668.01

9,008.10

8,685.91

Persistent 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															9,008.10	14,506.18	7,079.51	-	8,685.91

Persistent 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.

Persistent Systems (NSE:PERSISTENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Persistent Systems Ltd (NSE:PERSISTENT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

533179:India

Address

402 Senapati Bapat Road, Bhageerath, Pune, MH, IND, 411 016

Website

https://www.persistent.com

Persistent Systems Ltd is an India-based provider of software solution organized in three segments based on end market: Software, Hi-Tech and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare and Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. Most of the firm's revenue gets derived from the Software, Hi-Tech and Emerging Industries segment.

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