MediClin AG (XTER:MED) Accounts Payable & Accrued Expense : €47.1 Mil (As of Dec. 2023)

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What is MediClin AG Accounts Payable & Accrued Expense?

MediClin AG's quarterly accounts payable & accrued expense increased from Jun. 2023 (€92.3 Mil) to Sep. 2023 (€93.1 Mil) but then declined from Sep. 2023 (€93.1 Mil) to Dec. 2023 (€47.1 Mil).

MediClin AG's annual accounts payable & accrued expense increased from Dec. 2021 (€38.8 Mil) to Dec. 2022 (€47.4 Mil) but then declined from Dec. 2022 (€47.4 Mil) to Dec. 2023 (€47.1 Mil).

MediClin AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for MediClin AG'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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MediClin AG Accounts Payable & Accrued Expense Chart

MediClin AG Annual Data

Trend

Dec14

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Dec22

Dec23

Accounts Payable & Accrued Expense

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23.15

16.66

38.75

47.45

47.09

MediClin AG 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															47.45	75.45	92.28	93.11	47.09

MediClin AG 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.

MediClin AG (XTER:MED) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MediClin AG (XTER:MED) » Definitions » Accounts Payable & Accrued Expense

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MED:Germany MED:Germany

Address

Okenstrasse 27, Offenburg, DEU, 77652

Website

https://www.mediclin.de

MediClin AG is a company engaged in operating hospitals. It is focused on providing services in the areas of neurosciences and psychological sciences as well as orthopedics in Germany. The hospitals are acute-care hospitals providing basic, standard, and specialized care, as well as specialist clinics for medical rehabilitation. The operating segments of the group are Post-acute, Acute and Other activities. It generates majority of the revenue from the Post-acute segment in which the firm offers services in the fields of subsequent nursing treatment and curative treatment. Subsequent nursing treatment starts after acute care treatment and includes all medical measures required to facilitate the healing process and return the patient to a functioning state.