Yidu Tech (HKSE:02158) Accounts Payable & Accrued Expense : HK$495.1 Mil (As of Sep. 2023)

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What is Yidu Tech Accounts Payable & Accrued Expense?

Yidu Tech's quarterly accounts payable & accrued expense increased from Sep. 2022 (HK$477.1 Mil) to Mar. 2023 (HK$663.5 Mil) but then declined from Mar. 2023 (HK$663.5 Mil) to Sep. 2023 (HK$495.1 Mil).

Yidu Tech's annual accounts payable & accrued expense increased from Mar. 2021 (HK$431.9 Mil) to Mar. 2022 (HK$650.0 Mil) and increased from Mar. 2022 (HK$650.0 Mil) to Mar. 2023 (HK$663.5 Mil).

Yidu Tech Accounts Payable & Accrued Expense Historical Data

The historical data trend for Yidu Tech'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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Yidu Tech Accounts Payable & Accrued Expense Chart

Yidu Tech Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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201.92

342.77

431.88

650.00

663.52

Yidu Tech Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					571.76	650.00	477.09	663.52	495.11

Yidu Tech 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.

Yidu Tech (HKSE:02158) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Yidu Tech Inc (HKSE:02158) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

0EL:Germany

Address

No.9 Building of Huayuan North Road, 8th Floor Health Work, Haidian District, Beijing, CHN

Website

https://www.yidutechgroup.com

Yidu Tech offers healthcare Big Data. It is an AI cloud-based firm providing solutions and tools to aid in more informed decisions to drive better efficiency in clients' strategies. Its clients are hospitals, pharmaceutical, biotech and medical device firms, research institutions, insurance companies, patients, and regulators. It three business segments are: Big Data platform and solutions, which partners with hospitals and policymakers to drive better efficiency; life sciences solutions, which enables better probability of clinical trial success with less drug development time and cost; and health management solutions, which helps with patient management. The Big Data platform accounted for 33% of revenue, life science solutions 30%, and health management solutions 27%, in fiscal 2022.

Executives

Gong Yingying	2202 Interest of your spouse
Xu Jiming	2101 Beneficial owner
Brunei Investment Agency	2101 Beneficial owner
Gic Private Limited	2102 Investment manager
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