Guangzhou Kingmed Diagnostics Group Co (SHSE:603882) Accounts Payable & Accrued Expense : ¥1,968 Mil (As of Mar. 2025)

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What is Guangzhou Kingmed Diagnostics Group Co Accounts Payable & Accrued Expense?

Guangzhou Kingmed Diagnostics Group Co's quarterly accounts payable & accrued expense declined from Sep. 2024 (¥2,123 Mil) to Dec. 2024 (¥2,062 Mil) and declined from Dec. 2024 (¥2,062 Mil) to Mar. 2025 (¥1,968 Mil).

Guangzhou Kingmed Diagnostics Group Co's annual accounts payable & accrued expense declined from Dec. 2022 (¥4,253 Mil) to Dec. 2023 (¥2,481 Mil) and declined from Dec. 2023 (¥2,481 Mil) to Dec. 2024 (¥2,062 Mil).

Guangzhou Kingmed Diagnostics Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangzhou Kingmed Diagnostics Group 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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Guangzhou Kingmed Diagnostics Group Co Accounts Payable & Accrued Expense Chart

Guangzhou Kingmed Diagnostics Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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2,135.74

3,394.82

4,253.21

2,480.67

2,062.17

Guangzhou Kingmed Diagnostics Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,461.21	2,438.88	2,122.71	2,062.17	1,967.91

Guangzhou Kingmed Diagnostics Group 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.

Guangzhou Kingmed Diagnostics Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Guangzhou Kingmed Diagnostics Group Co Ltd (SHSE:603882) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

International Biological Island spiral three on the 10th, Guangdong Province, Guangzhou, CHN, 510000

Website

http://www.kingmed.com.cn

Founded in 1994, KingMed is the largest independent clinical laboratory in China. It was listed on the Shanghai Stock Exchange in 2017. As of 2024, KingMed has 50 centralized labs and provides over 4000 test items. Over 90% of its total revenue comes from clinical diagnostics. Furthermore, KingMed has been actively investing in its cold chain logistics. Its service network covers the most intensely populated areas in China.

Executives

Hao Bi Xi	Directors, senior managers
Wang Ling Lai	Director
Yu Shi Hui	senior management
Liang Yao Ming	Director
Peng Yong Xiang	Director

Guangzhou Kingmed Diagnostics Group Co Headlines

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