Akso Health Group (Akso Health Group) Accounts Payable & Accrued Expense : $10.78 Mil (As of Sep. 2023)

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What is Akso Health Group Accounts Payable & Accrued Expense?

Akso Health Group's quarterly accounts payable & accrued expense declined from Sep. 2022 ($10.98 Mil) to Mar. 2023 ($10.72 Mil) but then increased from Mar. 2023 ($10.72 Mil) to Sep. 2023 ($10.78 Mil).

Akso Health Group's annual accounts payable & accrued expense increased from Mar. 2021 ($4.41 Mil) to Mar. 2022 ($37.52 Mil) but then declined from Mar. 2022 ($37.52 Mil) to Mar. 2023 ($10.72 Mil).

Akso Health Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Akso Health Group'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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Akso Health Group Accounts Payable & Accrued Expense Chart

Akso Health Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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26.45

3.20

4.41

37.52

10.72

Akso Health Group Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												2.97	37.52	10.98	10.72	10.78

Akso Health Group 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.

Akso Health Group (Akso Health Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Akso Health Group (NAS:AHG) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

8HX1:Germany

Address

No. 44, Moscow Road, Qianwan Bonded Port Area, Room 8201-4-4(A), 2nd Floor, Qiantongyuan Building, Qingdao Pilot Free Trade Zone, Shandong, CHN

Website

http://www.xiaobaimaimai.com

Akso Health Group formerly Xiaobai Maimai Inc is a social e-commerce platform based in China. The company collaborates with domestic e-commerce platforms and offers users a wide selection of high-quality and affordable products on its social e-commerce platform. It operates in two segments namely online marketplace and health devices. It generates the majority of revenue from the health devices segment.