Shanghai Kinetic Medical Co (SZSE:300326) Accounts Payable & Accrued Expense : ¥134.9 Mil (As of Mar. 2024)

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What is Shanghai Kinetic Medical Co Accounts Payable & Accrued Expense?

Shanghai Kinetic Medical Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥134.8 Mil) to Dec. 2023 (¥167.4 Mil) but then declined from Dec. 2023 (¥167.4 Mil) to Mar. 2024 (¥134.9 Mil).

Shanghai Kinetic Medical Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥264.5 Mil) to Dec. 2022 (¥228.8 Mil) and declined from Dec. 2022 (¥228.8 Mil) to Dec. 2023 (¥167.4 Mil).

Shanghai Kinetic Medical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Kinetic Medical Co'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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Shanghai Kinetic Medical Co Accounts Payable & Accrued Expense Chart

Shanghai Kinetic Medical Co Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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287.02

309.17

264.46

228.78

167.39

Shanghai Kinetic Medical Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	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															216.70	183.27	134.81	167.39	134.88

Shanghai Kinetic Medical Co 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.

Shanghai Kinetic Medical Co (SZSE:300326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai Kinetic Medical Co Ltd (SZSE:300326) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Floor 2, Building 23, No. 528, Ruiqing Road, Zhangjiang Hi-Te, Shanghai, CHN, 201201

Website

http://www.kineticmedinc.com.cn

Shanghai Kinetic Medical Co Ltd is engaged in the manufacturing and distribution of medical devices in China. The company provides products for multidisciplinary specialties including orthopedics, cardiovascular and sports medicine. Its product offering includes primom spinal fixation system, kyphoplasty systems, vertebral osteotome, bone cement delivery systems, injection guns and multifunctional tools.

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