Check-Cap (Check-Cap) Accounts Payable & Accrued Expense : $1.58 Mil (As of Sep. 2023)

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What is Check-Cap Accounts Payable & Accrued Expense?

Check-Cap's quarterly accounts payable & accrued expense increased from Mar. 2023 ($3.14 Mil) to Jun. 2023 ($3.40 Mil) but then declined from Jun. 2023 ($3.40 Mil) to Sep. 2023 ($1.58 Mil).

Check-Cap's annual accounts payable & accrued expense increased from Dec. 2020 ($2.72 Mil) to Dec. 2021 ($3.69 Mil) but then declined from Dec. 2021 ($3.69 Mil) to Dec. 2022 ($3.02 Mil).

Check-Cap Accounts Payable & Accrued Expense Historical Data

The historical data trend for Check-Cap'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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Check-Cap Accounts Payable & Accrued Expense Chart

Check-Cap Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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2.19

2.58

2.72

3.69

3.02

Check-Cap 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															3.28	3.02	3.14	3.40	1.58

Check-Cap 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.

Check-Cap (Check-Cap) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Check-Cap Ltd (NAS:CHEK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

7CC:Germany

Address

29 Abba Hushi Avenue, Check-Cap Building, P.O. Box 1271, Isfiya, ISR, 3009000

Website

https://www.check-cap.com

Check-Cap Ltd is a clinical-stage medical diagnostics company engaged in the development of an ingestible imaging capsule that utilizes low-dose X-rays for the detection and imaging of colonic polyps and colorectal cancers, or CRC. The company is developing C-Scan, the first capsule-based system for preparation-free, colorectal cancer screening. Its scanning capsule will be swallowed and propelled by natural motility through the gastrointestinal tract and excreted naturally with no need for retrieval for data collection. The operations of the company are presently located in Israel, but it currently expects to market products in the United States, Europe, Israel and Japan.