Orthofix Medical (FRA:OM2) Accounts Payable & Accrued Expense : €52.6 Mil (As of Mar. 2024)

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What is Orthofix Medical Accounts Payable & Accrued Expense?

Orthofix Medical's quarterly accounts payable & accrued expense increased from Sep. 2023 (€49.9 Mil) to Dec. 2023 (€146.5 Mil) but then declined from Dec. 2023 (€146.5 Mil) to Mar. 2024 (€52.6 Mil).

Orthofix Medical's annual accounts payable & accrued expense increased from Dec. 2021 (€70.3 Mil) to Dec. 2022 (€76.8 Mil) and increased from Dec. 2022 (€76.8 Mil) to Dec. 2023 (€146.5 Mil).

Orthofix Medical Accounts Payable & Accrued Expense Historical Data

The historical data trend for Orthofix Medical'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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Orthofix Medical Accounts Payable & Accrued Expense Chart

Orthofix Medical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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61.19

62.94

70.28

76.78

146.53

Orthofix Medical 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															42.85	47.40	49.91	146.53	52.58

Orthofix Medical 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.

Orthofix Medical (FRA:OM2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Orthofix Medical Inc (FRA:OM2) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

OFIX:USA

Address

3451 Plano Parkway, Lewisville, TX, USA, 75056

Website

https://www.orthofix.com

Orthofix Medical Inc. is a medical device company delivering orthopedic and spine solutions to healthcare providers. The company has two main segments: global spine, including bone growth and healing therapies, spinal implants, and regenerative tissue products; and global orthopedics, providing products used in fracture repair, deformity correction, and bone reconstruction procedures. The majority of the company's sales come from the global spine segment in the United States. Orthofix distributes its products throughout North America, Europe, and several countries globally. The company provides solutions to hospitals, physicians, other healthcare providers, and patients.

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