Nova Eye Medical (Nova Eye Medical) Accounts Payable & Accrued Expense : $2.80 Mil (As of Dec. 2023)

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What is Nova Eye Medical Accounts Payable & Accrued Expense?

Nova Eye Medical's quarterly accounts payable & accrued expense increased from Dec. 2022 ($1.67 Mil) to Jun. 2023 ($2.89 Mil) but then declined from Jun. 2023 ($2.89 Mil) to Dec. 2023 ($2.80 Mil).

Nova Eye Medical's annual accounts payable & accrued expense increased from Jun. 2021 ($1.53 Mil) to Jun. 2022 ($1.69 Mil) and increased from Jun. 2022 ($1.69 Mil) to Jun. 2023 ($2.89 Mil).

Nova Eye Medical Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nova Eye 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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Nova Eye Medical Accounts Payable & Accrued Expense Chart

Nova Eye Medical Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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5.19

2.64

1.53

1.69

2.89

Nova Eye Medical Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.97	1.69	1.67	2.89	2.80

Nova Eye 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.

Nova Eye Medical (Nova Eye Medical) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nova Eye Medical Ltd (OTCPK:ELXMF) » Definitions » Accounts Payable & Accrued Expense

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EYE:Australia

Address

107 Rundle Street, Kent Town, Adelaide, SA, AUS, 5067

Website

https://www.nova-eye.com

Nova Eye Medical Ltd is a medical technology company that develops, manufactures and sells a portfolio of proprietary ophthalmic treatment technologies and devices. Used by eye surgeons globally, these technologies include iTrack minimally invasive glaucoma surgery (MIGS), a consumable surgical device that restores the eye's natural outflow pathway to lower pressure inside the eye and to eliminate patient reliance on anti-glaucoma medications for mild-moderate glaucoma. The company's operating segment include AlphaRET and Glaucoma Surgical Devices, it generates maximum revenue from Glaucoma Surgical Devices. Geographically, it derives a majority of revenue from the United States of America.

Nova Eye Medical (Nova Eye Medical) Headlines

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