Molekule Group (FRA:9O6) Accounts Payable & Accrued Expense : €11.12 Mil (As of Jun. 2023)

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What is Molekule Group Accounts Payable & Accrued Expense?

Molekule Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (€4.20 Mil) to Mar. 2023 (€14.42 Mil) but then declined from Mar. 2023 (€14.42 Mil) to Jun. 2023 (€11.12 Mil).

Molekule Group's annual accounts payable & accrued expense increased from Dec. 2020 (€0.54 Mil) to Dec. 2021 (€1.34 Mil) and increased from Dec. 2021 (€1.34 Mil) to Dec. 2022 (€4.20 Mil).

Molekule Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Molekule Group'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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Molekule Group Accounts Payable & Accrued Expense Chart

Molekule Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

0.13

0.54

1.34

4.20

Molekule Group Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									1.68	2.72	4.20	14.42	11.12

Molekule Group 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.

Molekule Group (FRA:9O6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Molekule Group Inc (FRA:9O6) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MKULQ:USA

Address

10455 Riverside Drive, Palm Beach Gardens, FL, USA, 33410

Website

https://www.molekule.com

Molekule Group Inc is an interior space air purification technology company with an immediate objective of initiating full-scale commercialization of its high-performance interior air sterilization and disinfection products for the eradication of coronavirus and other harmful airborne pathogens. The Company was established to develop technology-driven, medical-grade air purification solutions for hospitals and other healthcare settings. Its air hygiene product, Purgo, is an FD medical device that provides continuous air filtration, sanitization, and supplemental ventilation solutions with technology that can be applied in any indoor space including in hospitals, offices, and even in elevators.

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