PharmX Technologies (ASX:PHX) Accounts Payable & Accrued Expense : A$1.63 Mil (As of Dec. 2023)

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What is PharmX Technologies Accounts Payable & Accrued Expense?

PharmX Technologies's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$3.56 Mil) to Jun. 2023 (A$1.46 Mil) but then increased from Jun. 2023 (A$1.46 Mil) to Dec. 2023 (A$1.63 Mil).

PharmX Technologies's annual accounts payable & accrued expense declined from Jun. 2021 (A$4.95 Mil) to Jun. 2022 (A$3.83 Mil) and declined from Jun. 2022 (A$3.83 Mil) to Jun. 2023 (A$1.46 Mil).

PharmX Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for PharmX Technologies'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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PharmX Technologies Accounts Payable & Accrued Expense Chart

PharmX Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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3.56

3.63

4.95

3.83

1.46

PharmX Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.62	3.83	3.56	1.46	1.63

PharmX Technologies 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.

PharmX Technologies (ASX:PHX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PharmX Technologies Ltd (ASX:PHX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Castlereagh Street, Level 11, Sydney, NSW, AUS, 2000

Website

https://www.corumgroup.com.au

PharmX Technologies Ltd Formerly Corum Group Ltd is an Australia-based software and technology company. The company has a single segment which is Health Services. In Health services, the company develops and distributes business software for the pharmacy industry with particular emphasis on point-of-sale and pharmaceutical dispensing software, support services, and associated computer hardware. It derives a majority of its revenue from the Health services business. the company discontinued the e-commerce business in 2022.