Medience Co (XKRX:014100) Accounts Payable & Accrued Expense : ₩5,448 Mil (As of Dec. 2023)

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What is Medience Co Accounts Payable & Accrued Expense?

Medience Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (₩8,128 Mil) to Sep. 2023 (₩9,237 Mil) but then declined from Sep. 2023 (₩9,237 Mil) to Dec. 2023 (₩5,448 Mil).

Medience Co's annual accounts payable & accrued expense declined from Dec. 2021 (₩7,923 Mil) to Dec. 2022 (₩7,517 Mil) and declined from Dec. 2022 (₩7,517 Mil) to Dec. 2023 (₩5,448 Mil).

Medience Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Medience 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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Medience Co Accounts Payable & Accrued Expense Chart

Medience Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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12,941.06

6,647.67

7,923.24

7,517.34

5,448.09

Medience Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7,517.34	7,257.24	8,127.66	9,236.50	5,448.09

Medience 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.

Medience Co (XKRX:014100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Medience Co Ltd (XKRX:014100) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Boryung Building, 13th and 14 th Floor, 66-21 Wonnam-dong, Jongno-gu, SEOUL, KOR, 110-750

Website

http://www.medience.co.kr

Medience Co Ltd is engaged in the manufacture and sale of mother and baby care products in South Korea. Its products consist of skincare products, which are designed for infants; nursing products, such as pacifiers; living products, including oral cleaners, nursing bottle detergents, wet tissues, and washtub cleaners, as well as toys, baby food, and others.

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