Cipher Pharmaceuticals (TSX:CPH) Accounts Payable & Accrued Expense : C$6.22 Mil (As of Dec. 2023)

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What is Cipher Pharmaceuticals Accounts Payable & Accrued Expense?

Cipher Pharmaceuticals's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$12.93 Mil) to Sep. 2023 (C$16.71 Mil) but then declined from Sep. 2023 (C$16.71 Mil) to Dec. 2023 (C$6.22 Mil).

Cipher Pharmaceuticals's annual accounts payable & accrued expense declined from Dec. 2021 (C$15.09 Mil) to Dec. 2022 (C$12.24 Mil) and declined from Dec. 2022 (C$12.24 Mil) to Dec. 2023 (C$6.22 Mil).

Cipher Pharmaceuticals Accounts Payable & Accrued Expense Historical Data

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

Cipher Pharmaceuticals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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11.32

12.13

15.09

12.24

6.22

Cipher Pharmaceuticals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															12.24	12.49	12.93	16.71	6.22

Cipher 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.

Cipher Pharmaceuticals (TSX:CPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cipher Pharmaceuticals Inc (TSX:CPH) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CPHRF:USA PHE:Germany

Address

5750 Explorer Drive, Suite 404, Mississauga, ON, CAN, L4W 0A9

Website

https://www.cipherpharma.com

Cipher Pharmaceuticals Inc is a specialty pharmaceutical company. Its products include Dermatology Products, Hospital Acute Care Products, specialty medicines, and Out-Licensed Products among others. The company's geographical operational areas include Canada and the United States.

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