Clinuvel Pharmaceuticals (ASX:CUV) Accounts Payable & Accrued Expense : A$6.48 Mil (As of Dec. 2023)

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What is Clinuvel Pharmaceuticals Accounts Payable & Accrued Expense?

Clinuvel Pharmaceuticals's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$4.27 Mil) to Jun. 2023 (A$7.65 Mil) but then declined from Jun. 2023 (A$7.65 Mil) to Dec. 2023 (A$6.48 Mil).

Clinuvel Pharmaceuticals's annual accounts payable & accrued expense declined from Jun. 2021 (A$4.75 Mil) to Jun. 2022 (A$3.28 Mil) but then increased from Jun. 2022 (A$3.28 Mil) to Jun. 2023 (A$7.65 Mil).

Clinuvel Pharmaceuticals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Clinuvel Pharmaceuticals'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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Clinuvel Pharmaceuticals Accounts Payable & Accrued Expense Chart

Clinuvel Pharmaceuticals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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3.63

4.77

4.75

3.28

7.65

Clinuvel Pharmaceuticals 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															3.76	3.28	4.27	7.65	6.48

Clinuvel Pharmaceuticals 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.

Clinuvel Pharmaceuticals (ASX:CUV) Business Description

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CLVLY:USA CLVLF:USA UR9:Germany

Address

535 Bourke Street, Level 11, Melbourne, VIC, AUS, 3000

Website

https://www.clinuvel.com

Clinuvel distributes a single-product, Scenesse, the only approved treatment for phototoxic reactions specifically associated with a rare genetic disease called erythropoietic protoporphyria. EPP causes extreme pain or burns from brief exposure to light, affecting a patient's quality of life. Scenesse is a patented dissolvable implant, comparable in size with a rice grain, injected underneath the skin roughly every three months for ongoing protection. The implant controls the release of a synthetic drug which promotes the production of more melanin, thereby reducing pain and increasing tolerance for light exposure. The majority of Clinuvel's earnings stem from Europe and the U.S.

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