MDNC (Medinotec) Accounts Payable: $1.06 Mil (As of May. 2026)

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MDNC Medinotec Inc MDNC
24 GF Score
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What is Medinotec Accounts Payable?

Medinotec MDNC 24 Accounts Payable is $1.06 Mil as of May. 2026. GuruFocus rates MDNC with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

Medinotec's Accounts Payable for the quarter that ended in May. 2026 was $1.06 Mil.

Medinotec's quarterly Accounts Payable declined from Nov. 2025 ($1.18 Mil) to Feb. 2026 ($1.00 Mil) but then increased from Feb. 2026 ($1.00 Mil) to May. 2026 ($1.06 Mil).

Medinotec's annual Accounts Payable increased from Feb. 2024 ($0.59 Mil) to Feb. 2025 ($1.20 Mil) but then declined from Feb. 2025 ($1.20 Mil) to Feb. 2026 ($1.00 Mil).

Medinotec Accounts Payable Historical Data

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The historical data trend for Medinotec's Accounts Payable 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.

Medinotec Accounts Payable Chart

Medinotec Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Accounts Payable
0.16 0.05 0.59 1.20 1.00

Medinotec Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.17 1.33 1.18 1.00 1.06
MDNC
24GF Score
Medinotec Inc MDNC
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Medinotec Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $1.06 Mil mean?
Medinotec (MDNC) has a Accounts Payable of $1.06 Mil as of May. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Medinotec and its competitors.
Is Medinotec's Accounts Payable too high?
Medinotec's current Accounts Payable is $1.06 Mil. Overall, Medinotec has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Medinotec's Accounts Payable compare to NVNO and APYX?
Medinotec's Accounts Payable of $1.06 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Medical Devices & Instruments company?
A good Accounts Payable depends on the Medical Devices & Instruments industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Medinotec and its competitors. Medinotec's current Accounts Payable is $1.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medinotec stock overvalued right now?
Medinotec (MDNC) has a current Accounts Payable of $1.06 Mil. The current Accounts Payable is $1.06 Mil. Medinotec's overall GF Score™ is 24/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Medinotec (MDNC), the current Accounts Payable is $1.06 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Medinotec Business Description

Address Stand 299 Avant Garde Avenue, 10 New Market Street, Northlands Deco Park, North Riding, Johannesburg, GT, ZAF, 2169
Medinotec Inc is a medical device manufacturing and distribution company engaged in tracheal non-occlusive airway dilation technology and medical device design. It generates revenue from two sources: internally designed and manufactured medical devices and distribution of third-party medical products under exclusive or non-exclusive agreements in defined territories. Its products include the Trachealator, the Outflo Aortic Valve Dilation Balloon Catheter, and the Cape Cross family of PTCA balloon catheters. It also distributes a range of cardiology and renal dialysis products on behalf of multinational manufacturers, mainly in South Africa. Its segments are Inside the United States and Outside the United States, with Outside the United States generating maximum revenue.
24GF Score

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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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