Well Lead Medical Co (SHSE:603309) Accounts Payable & Accrued Expense : ¥217 Mil (As of Mar. 2024)

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What is Well Lead Medical Co Accounts Payable & Accrued Expense?

Well Lead Medical Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥213 Mil) to Dec. 2023 (¥308 Mil) but then declined from Dec. 2023 (¥308 Mil) to Mar. 2024 (¥217 Mil).

Well Lead Medical Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥243 Mil) to Dec. 2022 (¥305 Mil) and increased from Dec. 2022 (¥305 Mil) to Dec. 2023 (¥308 Mil).

Well Lead Medical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Well Lead Medical 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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Well Lead Medical Co Accounts Payable & Accrued Expense Chart

Well Lead Medical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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157.70

165.80

243.20

305.02

308.44

Well Lead Medical Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															257.97	265.16	213.42	308.44	216.62

Well Lead Medical 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.

Well Lead Medical Co (SHSE:603309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Well Lead Medical Co Ltd (SHSE:603309) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 45-47, South of Guomao Avenue, No. 4, Area C, Jinhu Industrial City, Hualong Town, Panyu District, Guangdong Province, Guangzhou City, CHN, 511434

Website

http://www.welllead.com.cn

Well Lead Medical Co Ltd is engaged in research, production, and sales of medical catheters in anaesthesia, urology, respiratory and hemodialysis region. Its products include Endotracheal Tube, Standar Endotracheal Tube, and Suction Endotracheal Tube. The company products are used in surgery, treatment, first aid, and nursing. The company exports its products to North America, Europe, and Japan.

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