Pharma-Bio Serv (Pharma-Bio Serv) Accounts Payable & Accrued Expense : $3.52 Mil (As of Jan. 2024)

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What is Pharma-Bio Serv Accounts Payable & Accrued Expense?

Pharma-Bio Serv's quarterly accounts payable & accrued expense declined from Jul. 2023 ($2.30 Mil) to Oct. 2023 ($2.00 Mil) but then increased from Oct. 2023 ($2.00 Mil) to Jan. 2024 ($3.52 Mil).

Pharma-Bio Serv's annual accounts payable & accrued expense declined from Oct. 2021 ($2.54 Mil) to Oct. 2022 ($1.97 Mil) but then increased from Oct. 2022 ($1.97 Mil) to Oct. 2023 ($2.00 Mil).

Pharma-Bio Serv Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pharma-Bio Serv'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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Pharma-Bio Serv Accounts Payable & Accrued Expense Chart

Pharma-Bio Serv Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

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3.66

2.34

2.54

1.97

2.00

Pharma-Bio Serv Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.82	2.10	2.30	2.00	3.52

Pharma-Bio Serv 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.

Pharma-Bio Serv (Pharma-Bio Serv) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Pharma-Bio Serv Inc (OTCPK:PBSV) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Road 696, Pharma-Bio Serv Building, Dorado, PRI, 00646

Website

https://www.pharmabioserv.com

Pharma-Bio Serv Inc is a compliance and technology transfer services consulting firm. It also provides microbiological testing services and chemical testing services through its laboratory testing facility in Puerto Rico. It has three reportable segments: Puerto Rico technical compliance consulting which is the key revenue driver; United States technical compliance consulting; and Europe technical compliance consulting. The company offers solutions to the pharmaceutical, chemical, biotechnology, medical devices, cosmetic and food industries, and allied products companies.

Executives

Elizabeth Plaza	10 percent owner	363 DORADO BEACH EAST, DORADO PR 00646
Altura Victor Sanchez	officer: President and CEO	C/O PHARMA-BIO SERV, INC., 6 ROAD 696, DORADO PR 00646
San Juan Holdings	10 percent owner	255 PONCE DE LEON, SUITE 305 MCS PLAZA, SAN JUAN PR 00917
Pedro J Lasanta	officer: Chief Financial Officer	373 MENDEZ VIGO, STE 110, DORADO PR 00646
Dov Perlysky	director	2 LAKESIDE DRIVE WEST, LAWRENCE NY 11559
L P Venturetek	10 percent owner	C/O DAVID SELENGUT ELLENOFF GROSSMAN, 370 LEXINGTON AVENUE 19TH FLOOR, NEW YORK NY 10017
Barron Partners Lp	10 percent owner	730 FIFTH AVENUE, 25TH FLOOR, NEW YORK NY 10019
Manuel O Morera	officer: Chief Financial Officer	373 MENDEZ VIGO, SUITE 110, DORADO PR 00646
Mark A Fazio	officer: Exec. Vice President and COO	P O BOX 1026 GREEN STREET, PERKASIE PA 18944
Kirk Wheeler Michel	director	209 EAST TRYON STREET, HILLSBOROUGH NC 27278
Irving L Wiesen	director	1273 NORTH AVENUE, APT 1E 7, NEW ROCHELLE NY 10804
Howard Spindel	director	39 BROADWAY SUITE 3300, NEW YORK NY 10028
Nelida Plaza Rodriguez	officer: Vice President and Secretary	G11 CALLE MADRE PERLA URB, DORADO DEL MAR, DORADO PR 00646
Krovim Llc	director, 10 percent owner, officer: Manager	P.O. BOX 339, LAWRENCE NY 11559