OptiBiotix Health (FRA:OB3) Accounts Payable & Accrued Expense : €0.60 Mil (As of Jun. 2023)

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What is OptiBiotix Health Accounts Payable & Accrued Expense?

OptiBiotix Health's quarterly accounts payable & accrued expense declined from Jun. 2022 (€0.30 Mil) to Dec. 2022 (€0.24 Mil) but then increased from Dec. 2022 (€0.24 Mil) to Jun. 2023 (€0.60 Mil).

OptiBiotix Health's annual accounts payable & accrued expense increased from Dec. 2020 (€0.40 Mil) to Dec. 2021 (€0.50 Mil) but then declined from Dec. 2021 (€0.50 Mil) to Dec. 2022 (€0.24 Mil).

OptiBiotix Health Accounts Payable & Accrued Expense Historical Data

The historical data trend for OptiBiotix Health'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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OptiBiotix Health Accounts Payable & Accrued Expense Chart

OptiBiotix Health Annual Data

Trend

Jul10

Jul12

Nov14

Nov15

Nov16

Nov17

Nov18

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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0.03

0.36

0.40

0.50

0.24

OptiBiotix Health Semi-Annual Data
	Jul12	Jan13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.75	0.50	0.30	0.24	0.60

OptiBiotix Health 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.

OptiBiotix Health (FRA:OB3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » OptiBiotix Health PLC (FRA:OB3) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

OPTI.GB:UK OPTI:UK

Address

Innovation Centre, Innovation Way, Heslington, York, GBR, YO10 5DG

Website

https://www.optibiotix.com

OptiBiotix Health PLC is engaged in the field of healthcare. As a life science company, its prime focus lies in researching the area of biotechnology. Its activities include the identification of microbial strains, compounds, and formulations for use in food ingredients, supplements, and active compounds that can impact human physiology, deriving potential health benefits. The company derives majority of the revenue from the sale of Functional Fibres. The company markets its products in the United Kingdom under trademark names such as OptiBiotix, SweetBiotix, and SkinBioTherapeutics.

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