Intelligent Bio Solutions (FRA:12Q0) Accounts Payable & Accrued Expense : €1.96 Mil (As of Mar. 2024)

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What is Intelligent Bio Solutions Accounts Payable & Accrued Expense?

Intelligent Bio Solutions's quarterly accounts payable & accrued expense declined from Sep. 2023 (€3.40 Mil) to Dec. 2023 (€1.62 Mil) but then increased from Dec. 2023 (€1.62 Mil) to Mar. 2024 (€1.96 Mil).

Intelligent Bio Solutions's annual accounts payable & accrued expense increased from Jun. 2021 (€1.23 Mil) to Jun. 2022 (€1.54 Mil) and increased from Jun. 2022 (€1.54 Mil) to Jun. 2023 (€2.22 Mil).

Intelligent Bio Solutions Accounts Payable & Accrued Expense Historical Data

The historical data trend for Intelligent Bio Solutions'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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Intelligent Bio Solutions Accounts Payable & Accrued Expense Chart

Intelligent Bio Solutions Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.99

2.05

1.23

1.54

2.22

Intelligent Bio Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.12	2.22	3.40	1.62	1.96

Intelligent Bio Solutions 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.

Intelligent Bio Solutions (FRA:12Q0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Intelligent Bio Solutions Inc (FRA:12Q0) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

INBS:USA 12Q:Germany

Address

57th Street, 142 West, 11th Floor, New York, NY, USA, 10019

Website

https://www.gbs.inc

Intelligent Bio Solutions Inc is a life sciences company developing non-invasive, real-time monitoring and diagnostic tests for patients and their primary health practitioners. Its Biosensor Platform is developing and launching diagnostic tests urgently needed to help people living with chronic diseases. It also engages in the advancement of portable drug abuse testing through the analysis of fingerprint sweat. The test is non-invasive, hygienic, and fast, and screens for recent use of opioids, cocaine, methamphetamines, benzodiazepines, and marijuana.

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