Oventus Medical (ASX:OVN) Accounts Payable & Accrued Expense : A$1.15 Mil (As of Dec. 2021)

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What is Oventus Medical Accounts Payable & Accrued Expense?

Oventus Medical's quarterly accounts payable & accrued expense declined from Dec. 2020 (A$1.76 Mil) to Jun. 2021 (A$1.66 Mil) and declined from Jun. 2021 (A$1.66 Mil) to Dec. 2021 (A$1.15 Mil).

Oventus Medical's annual accounts payable & accrued expense increased from Jun. 2019 (A$1.39 Mil) to Jun. 2020 (A$1.70 Mil) but then declined from Jun. 2020 (A$1.70 Mil) to Jun. 2021 (A$1.66 Mil).

Oventus Medical Accounts Payable & Accrued Expense Historical Data

The historical data trend for Oventus Medical'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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Oventus Medical Accounts Payable & Accrued Expense Chart

Oventus Medical Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Accounts Payable & Accrued Expense

1.09

0.56

1.39

1.70

1.66

Oventus Medical Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						0.88	1.70	1.76	1.66	1.15

Oventus Medical 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.

Oventus Medical (ASX:OVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Oventus Medical Ltd (ASX:OVN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Swann Road, Suite 1, PO Box 190, Indooroopilly, Brisbane, QLD, AUS, 4068

Website

https://www.o2vent.com

Oventus Medical Ltd is a medical device company. It is engaged in developing an oral appliance for the treatment of sleep apnoea and snoring. Its product includes O2Vent Optima . It offers oral appliance therapy, especially beneficial for the many people that suffer from nasal congestion, obstruction, and mouth breathing. The firm has two operating segments: Australia and North America.

Oventus Medical (ASX:OVN) Headlines

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