GKHT Medical Technology Co (SZSE:301370) Accounts Payable & Accrued Expense : ¥2,834 Mil (As of Mar. 2024)

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What is GKHT Medical Technology Co Accounts Payable & Accrued Expense?

GKHT Medical Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥3,187 Mil) to Dec. 2023 (¥2,941 Mil) and declined from Dec. 2023 (¥2,941 Mil) to Mar. 2024 (¥2,834 Mil).

GKHT Medical Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,727 Mil) to Dec. 2022 (¥2,844 Mil) and increased from Dec. 2022 (¥2,844 Mil) to Dec. 2023 (¥2,941 Mil).

GKHT Medical Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for GKHT Medical Technology 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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GKHT Medical Technology Co Accounts Payable & Accrued Expense Chart

GKHT Medical Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,065.41

2,717.41

2,727.18

2,844.36

2,941.04

GKHT Medical Technology Co Quarterly Data
	Dec17	Dec18	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															3,101.87	3,320.74	3,186.64	2,941.04	2,834.05

GKHT Medical Technology 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.

GKHT Medical Technology Co (SZSE:301370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » GKHT Medical Technology Co Ltd (SZSE:301370) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 25, Jinghai 4th Road, Room 501C, 5th Floor, Building 6, Economic and Technological Development Zone, Beijing, CHN, 100176

Website

http://www.gkht.com

GKHT Medical Technology Co Ltd is engaged in the distribution and direct sales of medical devices, providing professional services such as warehousing logistics distribution, distribution channel management, distribution process information management, and hospital SPD operation management.

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