Shenzhen Glory Medical Co (SZSE:002551) Accounts Payable & Accrued Expense : ¥504 Mil (As of Mar. 2024)

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What is Shenzhen Glory Medical Co Accounts Payable & Accrued Expense?

Shenzhen Glory Medical Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥569 Mil) to Dec. 2023 (¥565 Mil) and declined from Dec. 2023 (¥565 Mil) to Mar. 2024 (¥504 Mil).

Shenzhen Glory Medical Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥914 Mil) to Dec. 2022 (¥595 Mil) and declined from Dec. 2022 (¥595 Mil) to Dec. 2023 (¥565 Mil).

Shenzhen Glory Medical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen Glory 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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Shenzhen Glory Medical Co Accounts Payable & Accrued Expense Chart

Shenzhen Glory Medical Co Annual Data

Trend

Dec14

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Dec16

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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828.81

737.23

913.67

595.18

565.09

Shenzhen Glory 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															533.53	612.98	569.33	565.09	504.50

Shenzhen Glory 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.

Shenzhen Glory Medical Co (SZSE:002551) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Shenzhen Glory Medical Co Ltd (SZSE:002551) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Glory Science and Tech Industrial Park, Baolong Avenue, Longgang District, Shenzhen, Guangdong, CHN, 518116

Website

http://www.glory-medical.com.cn

Shenzhen Glory Medical Co Ltd is engaged in providing hospital building integrated solutions in China. It is involved in the hospital construction system analysis and planning, and medical engineering activities. It also sells medical equipment and medical consumables. The company provides hospital management professional medical logistic, smart medical, and park development services.

Executives

You Yong	Executives
Liang Gui Qiu	Directors, executives
Zhang Jie Rui	Directors, executives
Zhang Wen Bin	Executives
Liang Gui Tian	Directors, executives
Song Li	Executives

Shenzhen Glory Medical Co (SZSE:002551) Headlines

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