NMRD (Nemaura Medical) Accounts Payable: $0.35 Mil (As of Dec. 2023)

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What is Nemaura Medical Accounts Payable?

Nemaura Medical NMRD Accounts Payable is $0.35 Mil as of Dec. 2023.

Nemaura Medical's Accounts Payable for the quarter that ended in Dec. 2023 was $0.35 Mil.

Nemaura Medical's quarterly Accounts Payable increased from Jun. 2023 ($0.26 Mil) to Sep. 2023 ($0.42 Mil) but then declined from Sep. 2023 ($0.42 Mil) to Dec. 2023 ($0.35 Mil).

Nemaura Medical's annual Accounts Payable declined from Mar. 2021 ($0.25 Mil) to Mar. 2022 ($0.14 Mil) but then increased from Mar. 2022 ($0.14 Mil) to Mar. 2023 ($0.33 Mil).

Nemaura Medical Accounts Payable Related Terms

Nemaura Medical Accounts Payable Historical Data

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The historical data trend for Nemaura Medical'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.

Nemaura Medical Accounts Payable Chart

Nemaura Medical Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.29 0.25 0.14 0.33

Nemaura Medical Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 0.17 0.33 0.26 0.42 0.35

Nemaura Medical 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 $0.35 Mil mean?
Nemaura Medical (NMRD) has a Accounts Payable of $0.35 Mil as of Dec. 2023. 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 Nemaura Medical and its competitors.
Is Nemaura Medical's Accounts Payable too high?
Nemaura Medical's current Accounts Payable is $0.35 Mil.
How does Nemaura Medical's Accounts Payable compare to THMO and MOTS?
Nemaura Medical's Accounts Payable of $0.35 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 Nemaura Medical and its competitors. Nemaura Medical's current Accounts Payable is $0.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nemaura Medical stock overvalued right now?
Nemaura Medical (NMRD) has a current Accounts Payable of $0.35 Mil. The current Accounts Payable is $0.35 Mil. 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 Nemaura Medical (NMRD), the current Accounts Payable is $0.35 Mil as of Dec. 2023. 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.

Nemaura Medical Business Description

Address 57 West 57th Street, New York, NY, USA, 10019
Nemaura Medical Inc is a medical technology company developing sugarBEAT as a non-invasive, affordable, and flexible Continuous Glucose Monitor (CGM) designed for people with diabetes and pre-diabetics to manage their glucose levels. Insulin users can adjunctively use sugarBEAT when calibrated with a finger-stick glucose reading. SugarBEAT consists of a daily disposable adhesive skin patch connected to a rechargeable transmitter with an app displaying glucose readings at five-minute intervals for periods up to 24 hours.