HeraMED (ASX:HMD) Accounts Payable & Accrued Expense : A$0.78 Mil (As of Dec. 2023)

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What is HeraMED Accounts Payable & Accrued Expense?

HeraMED's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$0.83 Mil) to Jun. 2023 (A$0.66 Mil) but then increased from Jun. 2023 (A$0.66 Mil) to Dec. 2023 (A$0.78 Mil).

HeraMED's annual accounts payable & accrued expense declined from Dec. 2021 (A$0.97 Mil) to Dec. 2022 (A$0.83 Mil) and declined from Dec. 2022 (A$0.83 Mil) to Dec. 2023 (A$0.78 Mil).

HeraMED Accounts Payable & Accrued Expense Historical Data

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

HeraMED Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.66

0.97

0.83

0.78

HeraMED Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						0.97	0.75	0.83	0.66	0.78

HeraMED 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.

HeraMED (ASX:HMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » HeraMED Ltd (ASX:HMD) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

1I4:Germany

Address

4 Hazoran Street, POB 8576, Netanya, Netanya, ISR, 4250604

Website

https://www.hera-med.com

HeraMED Ltd is engaged in developing innovative, connected pregnancy monitoring solutions for home and professional use. It has developed a foetal heart beat monitor called HeraBEAT which is a medical-grade, clinically-validated, smart and connected Ultrasound Foetal Doppler device predominantly for use by an expectant mother to self-monitor her foetus' heart rate (FHR).

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