Shanghai MicroPort EP Medtech Co (SHSE:688351) Accounts Payable & Accrued Expense : ¥100.9 Mil (As of Mar. 2024)

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What is Shanghai MicroPort EP Medtech Co Accounts Payable & Accrued Expense?

Shanghai MicroPort EP Medtech Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥74.4 Mil) to Dec. 2023 (¥83.6 Mil) and increased from Dec. 2023 (¥83.6 Mil) to Mar. 2024 (¥100.9 Mil).

Shanghai MicroPort EP Medtech Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥41.2 Mil) to Dec. 2022 (¥56.1 Mil) and increased from Dec. 2022 (¥56.1 Mil) to Dec. 2023 (¥83.6 Mil).

Shanghai MicroPort EP Medtech Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai MicroPort EP Medtech 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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Shanghai MicroPort EP Medtech Co Accounts Payable & Accrued Expense Chart

Shanghai MicroPort EP Medtech Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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28.53

31.18

41.16

56.12

83.56

Shanghai MicroPort EP Medtech Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										65.53	58.29	74.38	83.56	100.86

Shanghai MicroPort EP Medtech 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.

Shanghai MicroPort EP Medtech Co (SHSE:688351) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai MicroPort EP Medtech Co Ltd (SHSE:688351) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1-28, Lane 588, Tianxiong Road, Building 28, Zhoupu Town, Pudong New Area, Shanghai, CHN, 201318

Website

https://www.everpace.com

Shanghai MicroPort EP Medtech Co Ltd is engaged in the research and development, production and sales of various medical devices and equipment related to cardiac electrophysiology interventional diagnosis and treatment.

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