Sipai Health Technology Co (HKSE:00314) Accounts Payable & Accrued Expense : HK$982 Mil (As of Dec. 2023)

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What is Sipai Health Technology Co Accounts Payable & Accrued Expense?

Sipai Health Technology Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$923 Mil) to Jun. 2023 (HK$961 Mil) and increased from Jun. 2023 (HK$961 Mil) to Dec. 2023 (HK$982 Mil).

Sipai Health Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$723 Mil) to Dec. 2022 (HK$923 Mil) and increased from Dec. 2022 (HK$923 Mil) to Dec. 2023 (HK$982 Mil).

Sipai Health Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sipai Health Technology 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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Sipai Health Technology Co Accounts Payable & Accrued Expense Chart

Sipai Health Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

722.81

922.92

981.82

Sipai Health Technology Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	722.81	-	922.92	961.17	981.82

Sipai Health Technology 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.

Sipai Health Technology Co (HKSE:00314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Sipai Health Technology Co Ltd (HKSE:00314) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AX1:Germany

Address

No. 1888, Caoyang Road, 7/F, Building 3, Xingguangyao Plaza, Putuo District, Shanghai, CHN

Website

https://www.medbankshealthtech.com

Sipai Health Technology Co Ltd is a medical technology and health management company in China. It has three reportable operating segments: Specialty Pharmacy Business - operation and distribution of specialty pharmacy stores and pharmaceutical products; Physician Research Assistance Business - offering pharmaceutical companies and other clinical trial institutions site management organization services; Health Insurance Services Business - rendering insurance brokerage services to insurance companies. The company generates key revenue from Specialty Pharmacy Business. Almost all of the company's revenues were derived from operations in the PRC.

Executives

Chang Jimmy Ching-hsin	2201 Interest of corporation controlled by you
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Leung Catherine Ho Yan	2202 Interest of your spouse
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Ma Xuguang	2501 Other
Li Ji	2501 Other
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Lucky Seven Healthcare Co., Ltd.	2101 Beneficial owner
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Sipai Health Technology Co (HKSE:00314) Headlines

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