IR-Med (IR-Med) Accounts Payable & Accrued Expense : $0.51 Mil (As of Mar. 2024)

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What is IR-Med Accounts Payable & Accrued Expense?

IR-Med's quarterly accounts payable & accrued expense declined from Sep. 2023 ($0.41 Mil) to Dec. 2023 ($0.38 Mil) but then increased from Dec. 2023 ($0.38 Mil) to Mar. 2024 ($0.51 Mil).

IR-Med's annual accounts payable & accrued expense declined from Dec. 2021 ($0.40 Mil) to Dec. 2022 ($0.38 Mil) but then increased from Dec. 2022 ($0.38 Mil) to Dec. 2023 ($0.38 Mil).

IR-Med Accounts Payable & Accrued Expense Historical Data

The historical data trend for IR-Med'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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IR-Med Accounts Payable & Accrued Expense Chart

IR-Med Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.52

0.40

0.38

IR-Med Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										0.47	0.45	0.41	0.38	0.51

IR-Med 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.

IR-Med (IR-Med) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » IR-Med Inc (OTCPK:IRME) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Z.H.R Industrial Zone, P.O. Box 143, Rosh Pina, ISR, 1231400

Website

https://www.ir-medical.com

IR-Med Inc is a medical device company that specializes in infrared-based technologies. It develops medical devices based on the combination of Infra-Red (IR) and Artificial Intelligence (AI) technologies.