GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » NuGen Medical Devices Inc (OTCPK:NGMDF) » Definitions » Accounts Payable & Accrued Expense

NGMDF (NuGen Medical Devices) Accounts Payable & Accrued Expense : $0.48 Mil (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is NuGen Medical Devices Accounts Payable & Accrued Expense?

NuGen Medical Devices's quarterly accounts payable & accrued expense increased from Jun. 2024 ($0.91 Mil) to Sep. 2024 ($1.72 Mil) but then declined from Sep. 2024 ($1.72 Mil) to Dec. 2024 ($0.48 Mil).

NuGen Medical Devices's annual accounts payable & accrued expense declined from Dec. 2022 ($1.10 Mil) to Dec. 2023 ($0.80 Mil) and declined from Dec. 2023 ($0.80 Mil) to Dec. 2024 ($0.48 Mil).


NuGen Medical Devices Accounts Payable & Accrued Expense Historical Data

The historical data trend for NuGen Medical Devices'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.

* Premium members only.

NuGen Medical Devices Accounts Payable & Accrued Expense Chart

NuGen Medical Devices Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
0.66 0.71 1.10 0.80 0.48

NuGen Medical Devices Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.81 0.91 1.72 0.48

NuGen Medical Devices 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.


NuGen Medical Devices Business Description

Traded in Other Exchanges
Address
18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4
NuGen Medical Devices Inc is a medical device manufacturing company specializing in the field of needleless injections and related technologies. The reportable segment of the company is the manufacturing of needle injector devices. Geographically, the company generates revenue from Europe, followed by Asia, North America, and other.