Qlife Holding AB (OSTO:QLIFE) Accounts Payable & Accrued Expense : kr12.05 Mil (As of Sep. 2023)

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What is Qlife Holding AB Accounts Payable & Accrued Expense?

Qlife Holding AB's quarterly accounts payable & accrued expense declined from Mar. 2023 (kr19.68 Mil) to Jun. 2023 (kr14.32 Mil) and declined from Jun. 2023 (kr14.32 Mil) to Sep. 2023 (kr12.05 Mil).

Qlife Holding AB's annual accounts payable & accrued expense declined from Dec. 2020 (kr11.61 Mil) to Dec. 2021 (kr10.03 Mil) but then increased from Dec. 2021 (kr10.03 Mil) to Dec. 2022 (kr20.09 Mil).

Qlife Holding AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Qlife Holding AB'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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Qlife Holding AB Accounts Payable & Accrued Expense Chart

Qlife Holding AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

2.16

11.61

10.03

20.09

Qlife Holding AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														19.57	20.09	19.68	14.32	12.05

Qlife Holding AB 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.

Qlife Holding AB (OSTO:QLIFE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Qlife Holding AB (OSTO:QLIFE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

4HG:Germany

Address

Redaregatan 48, Helsingborg, SWE, SE-252 36

Website

https://www.qlifeholding.com

Qlife Holding AB is a medical device company that seeks to revolutionize the clinical biomarker testing of whole blood by taking it out of the lab and into the homes of the people who needs it. The Egoo Home System is an integrated platform consisting of a small home device and disposable capsules, each of which tests for a specific biomarker. It provides a digital infrastructure for sharing the data with the patient's doctor, clinic or hospital via smartphone and computer.

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