Medtecs International (TPE:9103) Accounts Payable & Accrued Expense : NT$179 Mil (As of Dec. 2023)

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What is Medtecs International Accounts Payable & Accrued Expense?

Medtecs International's quarterly accounts payable & accrued expense increased from Dec. 2022 (NT$211 Mil) to Jun. 2023 (NT$278 Mil) but then declined from Jun. 2023 (NT$278 Mil) to Dec. 2023 (NT$179 Mil).

Medtecs International's annual accounts payable & accrued expense declined from Dec. 2021 (NT$238 Mil) to Dec. 2022 (NT$211 Mil) and declined from Dec. 2022 (NT$211 Mil) to Dec. 2023 (NT$179 Mil).

Medtecs International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Medtecs International'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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Medtecs International Accounts Payable & Accrued Expense Chart

Medtecs International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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76.16

305.89

237.69

211.20

179.45

Medtecs International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															237.69	319.53	211.20	278.49	179.45

Medtecs International 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.

Medtecs International (TPE:9103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medtecs International Corp Ltd (TPE:9103) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

546:Singapore

Address

No. 330 Sen. Gil J. Puyat Avenue, 22nd Floor, The World Centre, Makati, PHL, 1227

Website

https://www.medtecs.com

Medtecs International Corp Ltd is an investment holding company. The company along with its subsidiaries is a manufacturer of medical consumables and provides healthcare products and services. It operates in three segments The Manufacturing segment produces and sub-contracts medical consumables, including patients apparels, disposable surgical masks, boot covers and surgical gowns, adult diapers, underpads, crochet blankets, bed linens and medical bandages. The Hospital services segment provides laundry and leasing services. The Distribution segment is involved in the marketing of Medtecs-branded medical consumables to hospitals, pharmacies, and other end users. It generates the highest revenue from the Manufacturing segment.

Medtecs International (TPE:9103) Headlines

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