Contec Medical Systems Co (SZSE:300869) Accounts Payable & Accrued Expense : ¥52.8 Mil (As of Mar. 2024)

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What is Contec Medical Systems Co Accounts Payable & Accrued Expense?

Contec Medical Systems Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥83.5 Mil) to Dec. 2023 (¥71.1 Mil) and declined from Dec. 2023 (¥71.1 Mil) to Mar. 2024 (¥52.8 Mil).

Contec Medical Systems Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥108.5 Mil) to Dec. 2022 (¥130.9 Mil) but then declined from Dec. 2022 (¥130.9 Mil) to Dec. 2023 (¥71.1 Mil).

Contec Medical Systems Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Contec Medical Systems 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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Contec Medical Systems Co Accounts Payable & Accrued Expense Chart

Contec Medical Systems Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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50.14

208.42

108.49

130.91

71.07

Contec Medical Systems 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															164.25	96.75	83.53	71.07	52.81

Contec Medical Systems 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.

Contec Medical Systems Co (SZSE:300869) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Contec Medical Systems Co Ltd (SZSE:300869) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 112, Qinhuang West Street, Economic and Technological Development Zone, Hebei Province, Qinhuangdao, CHN, 066004

Website

http://www.contecmed.com.cn

Contec Medical Systems Co Ltd is engaged in research and development, production and sales of medical diagnosis and monitoring equipment. The company's products portfolio includes Blood pressure series; Blood oxygen series; Multi-parameter monitoring series; In Vitro Diagnostic Series; EEG series; Breathing sleep series; ECG series; Digital Image Series; Fetal Monitoring Series; Arteriosclerosis Series; Telemedicine and health management; and Home health products.

Executives

Xu Yun Long	Executives
Zheng Min	Directors, Directors, and Executives
Yang Zhi Shan	Directors, executives
Wang Gui Li	Director
Liu Zhen Hong	Executives
Kou Guo Zhi	Executives
Gao Rui Bin	Supervisors
Fu Chun Yuan	Executives

Contec Medical Systems Co (SZSE:300869) Headlines

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