Polynovo (Polynovo) Other Long-Term Liabilities : $0.29 Mil (As of Dec. 2023)

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What is Polynovo Other Long-Term Liabilities?

Polynovo's other long-term liabilities for the quarter that ended in Dec. 2023 was $0.29 Mil.

Polynovo's quarterly other long-term liabilities declined from Dec. 2022 ($0.29 Mil) to Jun. 2023 ($0.16 Mil) but then increased from Jun. 2023 ($0.16 Mil) to Dec. 2023 ($0.29 Mil).

Polynovo's annual other long-term liabilities increased from Jun. 2021 ($0.06 Mil) to Jun. 2022 ($0.21 Mil) but then declined from Jun. 2022 ($0.21 Mil) to Jun. 2023 ($0.16 Mil).

Polynovo Other Long-Term Liabilities Historical Data

The historical data trend for Polynovo's Other Long-Term Liabilities 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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Polynovo Other Long-Term Liabilities Chart

Polynovo Annual Data

Trend

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Other Long-Term Liabilities

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Polynovo Semi-Annual Data
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Other Long-Term Liabilities	Get a 7-Day Free Trial															-	-	-	-	-

Polynovo Other Long-Term Liabilities Calculation

Other Long-Term Liabilities are the other liabilities on the balance sheet that do not need to be repaid within the next 12 months, but still need to be repaid over time. For instance, on Wal-Mart's balance sheet, there are items called Long Term obligations under capital leases, deferred income taxes, and redeemable non-controlling interest. These are all Other Long-Term Liabilities.

Polynovo Other Long-Term Liabilities Related Terms

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Polynovo (Polynovo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Polynovo Ltd (OTCPK:CALZF) » Definitions » Other Long-Term Liabilities

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MFJ:Germany PNV:Australia

Address

320 Lorimer Street, Unit 2, Port Melbourne, VIC, AUS, 3207

Website

https://www.polynovo.com

Polynovo earns most of its revenue from U.S. sales of its NovoSorb Biodegradable Temporizing Matrix, or NovoSorb BTM. The product is a patented biodegradable synthetic scaffold to support the regeneration of the dermis when lost through surgery, trauma, burns, or other causes of tissue loss. Once the product is applied to a wound, it takes a few weeks for the dermal layer to fully integrate within the polymer scaffold before a clinician can delaminate the outer layer. A small wound would then close either naturally or with a dressing, while a larger wound would close through a split-skin graft or alternative product such as Avita's RECELL. NovoSorb BTM then slowly degrades to harmless byproducts which are fully absorbed in roughly 18 months.