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Adicon Holdings (Adicon Holdings) Accounts Payable & Accrued Expense : $193.7 Mil (As of Dec. 2023)


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What is Adicon Holdings Accounts Payable & Accrued Expense?

Adicon Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 ($280.1 Mil) to Jun. 2023 ($223.9 Mil) and declined from Jun. 2023 ($223.9 Mil) to Dec. 2023 ($193.7 Mil).

Adicon Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($171.1 Mil) to Dec. 2022 ($280.1 Mil) but then declined from Dec. 2022 ($280.1 Mil) to Dec. 2023 ($193.7 Mil).

Adicon Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Adicon Holdings'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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Adicon Holdings Accounts Payable & Accrued Expense Chart

Adicon Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
110.54 171.14 280.13 193.65

Adicon Holdings Quarterly Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 171.14 - 280.13 223.89 193.65

Adicon Holdings 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.

Adicon Holdings (Adicon Holdings) Business Description

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09860:Hong Kong
Address
No. 208, Zhenzhong Road, West Lake, Zhejiang, Hangzhou, CHN
Website
https://www.adicon.com.cn
Adicon Holdings Ltd is one of the top three independent clinical laboratory or ICL, service providers in China. The company offers comprehensive and best-in-class testing services primarily to hospitals and health check centers through an integrated network of 33 self-operated laboratories across China. The high quality of its services is backed by its strong performance in terms of international accreditation and comprehensive testing menu. Its testing portfolio consists of over 4,000 medical diagnostic tests, including over 1,700 routine tests and over 2,300 esoteric tests. It has three major service platforms. Among them, the inspection service platform consists of clinical, pathology, reproductive genetic, genetic, and mass spectrometry laboratories.

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