CMIC HOLDINGS Co (CMIC HOLDINGS Co) Accounts Payable & Accrued Expense : $5.0 Mil (As of Dec. 2023)

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What is CMIC HOLDINGS Co Accounts Payable & Accrued Expense?

CMIC HOLDINGS Co's quarterly accounts payable & accrued expense increased from Jun. 2023 ($13.2 Mil) to Sep. 2023 ($44.5 Mil) but then declined from Sep. 2023 ($44.5 Mil) to Dec. 2023 ($5.0 Mil).

CMIC HOLDINGS Co's annual accounts payable & accrued expense declined from Sep. 2021 ($98.4 Mil) to Sep. 2022 ($93.9 Mil) and declined from Sep. 2022 ($93.9 Mil) to Sep. 2023 ($44.5 Mil).

CMIC HOLDINGS Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for CMIC HOLDINGS Co'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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CMIC HOLDINGS Co Accounts Payable & Accrued Expense Chart

CMIC HOLDINGS Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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63.83

68.79

98.41

93.93

44.49

CMIC HOLDINGS Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															21.69	38.70	13.22	44.49	4.97

CMIC HOLDINGS Co 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.

CMIC HOLDINGS Co (CMIC HOLDINGS Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » CMIC HOLDINGS Co Ltd (OTCPK:CMICF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

2309:Japan

Address

Hamamatsucho Building, 1-1-1 Shibaura, Minato-ku, Tokyo, JPN, 105-0023

Website

https://www.cmicgroup.com

CMIC HOLDINGS Co Ltd is a Japan-based management consulting company. It contributes to the development of the medical and healthcare field. The company is mainly engaged in Contract Research Organization (CRO), Contract Development and Manufacturing (CDMO), Contract Sales Organization (CSO), Innovative Pharma Model (IPM) and healthcare business. CMIC support a wide range of pharmaceutical management services such as data management, statistical analysis, medicine consulting, medical writing, audit, and analytical tests, clinical trials for the medical and pharmaceutical industry, human resource services. It is also engaged in providing sales and marketing support for pharmaceuticals.