Professional Medical Expertise Co (SAU:9574) Accounts Payable & Accrued Expense : ﷼49.9 Mil (As of Dec. 2022)

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What is Professional Medical Expertise Co Accounts Payable & Accrued Expense?

Professional Medical Expertise Co's quarterly accounts payable & accrued expense stayed the same from . 20 (﷼0.0 Mil) to . 20 (﷼0.0 Mil) but then increased from . 20 (﷼0.0 Mil) to Dec. 2022 (﷼49.9 Mil).

Professional Medical Expertise Co's annual accounts payable & accrued expense increased from . 20 (﷼0.0 Mil) to Dec. 2022 (﷼49.9 Mil) and increased from Dec. 2022 (﷼49.9 Mil) to Dec. 2023 (﷼97.1 Mil).

Professional Medical Expertise Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Professional Medical Expertise 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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Professional Medical Expertise Co Accounts Payable & Accrued Expense Chart

Professional Medical Expertise Co Annual Data

Trend

Dec22

Dec23

Accounts Payable & Accrued Expense

49.94

97.10

Professional Medical Expertise Co Quarterly Data
	Dec22	Dec23
Accounts Payable & Accrued Expense	49.94	97.10

Professional Medical Expertise 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.

Professional Medical Expertise Co (SAU:9574) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Professional Medical Expertise Co (SAU:9574) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Saud Al-Faisal Street, Office No. 503, 5th Floor, Rawdah Bussiness Center, Rawdah District, Jeddah, SAU, 23434

Website

https://www.promedex.com

Professional Medical Expertise Co is a medical devices distributor in the Saudi market, representing selected top-notch quality suppliers of inventive state of the art medical technologies. The Company's current activities comprise the import and export of medical implants, devices and high-tech consumables and their sale to private and public hospitals and medical centers throughout the Kingdom. It activities consist of the following: Agents involved in the sale of medicines, Drug warehouse activities, Retail sale of medical equipment, tools and supplies, Medical Devices warehouse activities and Legal representation of medical products and devices' manufacturers.

Professional Medical Expertise Co (SAU:9574) Headlines

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