Siddhika Coatings (NSE:SIDDHIKA) Accounts Payable & Accrued Expense : ₹8.7 Mil (As of Mar. 2022)

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What is Siddhika Coatings Accounts Payable & Accrued Expense?

Siddhika Coatings's quarterly accounts payable & accrued expense declined from Mar. 2021 (₹7.3 Mil) to Sep. 2021 (₹2.8 Mil) but then increased from Sep. 2021 (₹2.8 Mil) to Mar. 2022 (₹8.7 Mil).

Siddhika Coatings's annual accounts payable & accrued expense increased from Mar. 2021 (₹7.3 Mil) to Mar. 2022 (₹8.7 Mil) and increased from Mar. 2022 (₹8.7 Mil) to Mar. 2023 (₹13.8 Mil).

Siddhika Coatings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Siddhika Coatings'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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Siddhika Coatings Accounts Payable & Accrued Expense Chart

Siddhika Coatings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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41.23

22.05

7.30

8.74

13.77

Siddhika Coatings Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			33.17	7.30	2.78	8.74	13.77

Siddhika Coatings 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.

Siddhika Coatings (NSE:SIDDHIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Siddhika Coatings Ltd (NSE:SIDDHIKA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

L-9, Lower Ground Floor Kalkaj, South Delhi, New Delhi, IND, 110019

Website

https://www.siddhika.com

Siddhika Coatings Ltd is a texture paint contract company in the single-brand segment. The paints industry is mainly divided into two segments Decorative and Industrial. The decorative segment accounts for a portion of the paint industry's value, around 75%, and the industrial segment accounts for the rest 25% of the industry's value.

Siddhika Coatings (NSE:SIDDHIKA) Headlines

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