Ascendis Health (JSE:ASC) Accounts Payable & Accrued Expense : R255 Mil (As of Jun. 2023)

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What is Ascendis Health Accounts Payable & Accrued Expense?

Ascendis Health's quarterly accounts payable & accrued expense increased from Jun. 2022 (R328 Mil) to Dec. 2022 (R378 Mil) but then declined from Dec. 2022 (R378 Mil) to Jun. 2023 (R255 Mil).

Ascendis Health's annual accounts payable & accrued expense declined from Jun. 2021 (R412 Mil) to Jun. 2022 (R328 Mil) and declined from Jun. 2022 (R328 Mil) to Jun. 2023 (R255 Mil).

Ascendis Health Accounts Payable & Accrued Expense Historical Data

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

Ascendis Health Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1,511.15

1,401.18

411.88

327.56

254.87

Ascendis Health Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															411.88	154.46	327.56	378.25	254.87

Ascendis Health 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.

Ascendis Health (JSE:ASC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ascendis Health Ltd (JSE:ASC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

1 Carey Street, Wynberg, Sandton, GT, ZAF, 2090

Website

https://www.ascendishealth.com

Ascendis Health is a drug manufacturer that produces and distributes health products for the human, animal, and plant markets. It has a portfolio of brands and products and owns recognized trademarks in the pharmaceutical and consumer health markets. Ascendis Health has five operating segments: consumer health, pharma, medical, animal health, and biosciences. The pharma division is the contributor to revenue and is further divided into Pharma Africa, Remedica, and Farmalider. Pharma includes generic manufacturing and distribution and over-the-counter medicine manufacturing and distribution. The company's revenue is split between South Africa and Europe and is diversified across currencies, markets, sales channels, and customer groups.