Stayble Therapeutics AB (STU:4K4) Accounts Payable & Accrued Expense : €0.20 Mil (As of Sep. 2023)

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What is Stayble Therapeutics AB Accounts Payable & Accrued Expense?

Stayble Therapeutics AB's quarterly accounts payable & accrued expense declined from Mar. 2023 (€0.23 Mil) to Jun. 2023 (€0.06 Mil) but then increased from Jun. 2023 (€0.06 Mil) to Sep. 2023 (€0.20 Mil).

Stayble Therapeutics AB's annual accounts payable & accrued expense declined from Dec. 2020 (€0.07 Mil) to Dec. 2021 (€0.04 Mil) but then increased from Dec. 2021 (€0.04 Mil) to Dec. 2022 (€0.10 Mil).

Stayble Therapeutics AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Stayble Therapeutics AB'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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Stayble Therapeutics AB Accounts Payable & Accrued Expense Chart

Stayble Therapeutics AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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0.07

0.11

0.07

0.04

0.10

Stayble Therapeutics AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.14	0.10	0.23	0.06	0.20

Stayble Therapeutics AB 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.

Stayble Therapeutics AB (STU:4K4) Business Description

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STABL:Sweden 4K4:Germany

Address

Medicinaregatan 8a, Gothenburg, SWE, SE-413 90

Website

http://www.staybletherapeutics.com

Stayble Therapeutics AB is a clinical-stage pharmaceutical company developing STA363, an intradiscally injected formulation against chronic discogenic low back pain. The treatment is aimed at patients whose back pain persists after physiotherapy and analgesics. The injection is given once and the effect is expected to remain throughout the patient's life and requires minimal rehabilitation. The company's injection treatment, STA363, is expected to correct the underlying cause of disc-related low back pain by affecting the two main causative factors namely instability of the disc and prevention of leakage of inflammatory mediators from the disc center.

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