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LabTurbo Biotech (ROCO:7725) Accounts Payable & Accrued Expense : NT$52.90 Mil (As of Jun. 2024)


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What is LabTurbo Biotech Accounts Payable & Accrued Expense?

LabTurbo Biotech's quarterly accounts payable & accrued expense declined from Jun. 2023 (NT$220.38 Mil) to Dec. 2023 (NT$36.01 Mil) but then increased from Dec. 2023 (NT$36.01 Mil) to Jun. 2024 (NT$52.90 Mil).

LabTurbo Biotech's annual accounts payable & accrued expense declined from Dec. 2021 (NT$234.50 Mil) to Dec. 2022 (NT$190.00 Mil) and declined from Dec. 2022 (NT$190.00 Mil) to Dec. 2023 (NT$36.01 Mil).

LabTurbo Biotech Accounts Payable & Accrued Expense Historical Data

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

LabTurbo Biotech Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
234.50 190.00 36.01

LabTurbo Biotech Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial - 190.00 220.38 36.01 52.90

LabTurbo Biotech 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.

LabTurbo Biotech Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » LabTurbo Biotech Corp (ROCO:7725) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
Traded in Other Exchanges
N/A
Address
3F-1, No. 150, Section 4, Chengde Road, Shilin District, Taipei, TWN
Website
https://www.labturbo.com.tw
LabTurbo Biotech Corp is a company that is mainly engaged in the research and development, production, sales of nucleic acid extraction, genetic testing, genetic testing reagents, instruments, and the operation of sports science venues. Its main products and services include the entire process. Automated precision medical genetic testing systems and reagent kits as well as testing services.

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