Shanghai INT Medical Instruments Co (HKSE:01501) Accounts Payable & Accrued Expense : HK$217.2 Mil (As of Dec. 2023)

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What is Shanghai INT Medical Instruments Co Accounts Payable & Accrued Expense?

Shanghai INT Medical Instruments Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$156.3 Mil) to Jun. 2023 (HK$173.3 Mil) and increased from Jun. 2023 (HK$173.3 Mil) to Dec. 2023 (HK$217.2 Mil).

Shanghai INT Medical Instruments Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$143.2 Mil) to Dec. 2022 (HK$156.3 Mil) and increased from Dec. 2022 (HK$156.3 Mil) to Dec. 2023 (HK$217.2 Mil).

Shanghai INT Medical Instruments Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai INT Medical Instruments 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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Shanghai INT Medical Instruments Co Accounts Payable & Accrued Expense Chart

Shanghai INT Medical Instruments Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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54.33

86.77

143.17

156.32

217.22

Shanghai INT Medical Instruments Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								143.17	117.38	156.32	173.32	217.22

Shanghai INT Medical Instruments 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.

Shanghai INT Medical Instruments Co (HKSE:01501) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai INT Medical Instruments Co Ltd (HKSE:01501) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 925 Jin Yuan Yi Road, Block 2, Jiading District, Shanghai, CHN, 201803

Website

https://www.kdl-int.com

Shanghai INT Medical Instruments Co Ltd formerly Shanghai Kindly Medical Instruments Co Ltd is a manufacturer of cardiovascular interventional devices, which are mainly used in cardiovascular surgeries, and in particular, PCI procedures in China. It is engaged in the sales, manufacture, research, and development of cardiovascular interventional medical devices as well as related accessories and molds. It is also engaged in the research and development of other interventional and implantable medical devices, such as neurological interventional medical devices and endocardia implantable medical devices, among others. Geographically, it has operations in Mainland China, Europe, the United States, and Other countries.

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