PharmaTher Holdings (XCNQ:PHRM) Accounts Payable & Accrued Expense : C$0.25 Mil (As of Feb. 2024)

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What is PharmaTher Holdings Accounts Payable & Accrued Expense?

PharmaTher Holdings's quarterly accounts payable & accrued expense declined from Aug. 2023 (C$0.80 Mil) to Nov. 2023 (C$0.55 Mil) and declined from Nov. 2023 (C$0.55 Mil) to Feb. 2024 (C$0.25 Mil).

PharmaTher Holdings's annual accounts payable & accrued expense increased from May. 2021 (C$0.18 Mil) to May. 2022 (C$0.33 Mil) and increased from May. 2022 (C$0.33 Mil) to May. 2023 (C$0.89 Mil).

PharmaTher Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for PharmaTher Holdings'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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PharmaTher Holdings Accounts Payable & Accrued Expense Chart

PharmaTher Holdings Annual Data

Trend

May21

May22

May23

Accounts Payable & Accrued Expense

0.18

0.33

0.89

PharmaTher Holdings Quarterly Data
	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										0.56	0.89	0.80	0.55	0.25

PharmaTher Holdings 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.

PharmaTher Holdings (XCNQ:PHRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » PharmaTher Holdings Ltd (XCNQ:PHRM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PHRRF:USA

Address

82 Richmond Street East, Toronto, ON, CAN, M5C 1P1

Website

https://www.pharmather.com

PharmaTher Holdings Ltd is a specialty life sciences company focused on the research and development of psychedelic pharmaceuticals for FDA approval to treat mental health, neurological, and pain disorders. Its product pipeline includes Ketamine, KETABET, Microneedle Patch among others.

Executives

Fabio Chianelli

Director, Senior Officer

PharmaTher Holdings (XCNQ:PHRM) Headlines

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