Medivolve (Medivolve) Accounts Payable & Accrued Expense : $11.23 Mil (As of Dec. 2023)

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What is Medivolve Accounts Payable & Accrued Expense?

Medivolve's quarterly accounts payable & accrued expense increased from Jun. 2023 ($10.76 Mil) to Sep. 2023 ($10.88 Mil) and increased from Sep. 2023 ($10.88 Mil) to Dec. 2023 ($11.23 Mil).

Medivolve's annual accounts payable & accrued expense declined from Dec. 2021 ($30.98 Mil) to Dec. 2022 ($10.66 Mil) but then increased from Dec. 2022 ($10.66 Mil) to Dec. 2023 ($11.23 Mil).

Medivolve Accounts Payable & Accrued Expense Historical Data

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

Medivolve Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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0.24

5.21

30.98

10.66

11.23

Medivolve 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															10.66	9.28	10.76	10.88	11.23

Medivolve 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.

Medivolve (Medivolve) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Medivolve Inc (OTCPK:MEDVF) » Definitions » Accounts Payable & Accrued Expense

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4NCA:Germany MEDV:Canada

Address

198 Davenport Road, Toronto, ON, CAN, M5R 1J2

Website

https://www.medivolve.ca

Medivolve Inc is a healthcare technology and services company. It is engaged in finding and developing disruptive technologies, groundbreaking innovations, and partnerships to help combat COVID-19 and transform human health management. The company operated one reportable segment, the COVID Testing facilities across the United States Of America.