Medigene AG (FRA:MDG1) Accounts Payable & Accrued Expense : €1.01 Mil (As of Dec. 2023)

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What is Medigene AG Accounts Payable & Accrued Expense?

Medigene AG's quarterly accounts payable & accrued expense declined from Dec. 2022 (€1.75 Mil) to Jun. 2023 (€0.89 Mil) but then increased from Jun. 2023 (€0.89 Mil) to Dec. 2023 (€1.01 Mil).

Medigene AG's annual accounts payable & accrued expense increased from Dec. 2021 (€0.50 Mil) to Dec. 2022 (€1.75 Mil) but then declined from Dec. 2022 (€1.75 Mil) to Dec. 2023 (€1.01 Mil).

Medigene AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Medigene AG'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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Medigene AG Accounts Payable & Accrued Expense Chart

Medigene AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.37

1.01

0.50

1.75

1.01

Medigene AG 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															0.50	0.69	1.75	0.89	1.01

Medigene AG 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.

Medigene AG (FRA:MDG1) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Medigene AG (FRA:MDG1) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

0QGJ:UK MDG1:Germany MDG1:Austria

Address

Lochhamer Strasse 11, Martinsried, Planegg, BY, DEU, 82152

Website

https://www.medigene.com

Medigene AG is an immuno-oncology biotechnology company. focused on developing differentiated T Cell Receptor engineered T cell (TCR-T) therapies for the treatment of multiple solid tumor indications with a high unmet medical need. The operating segments of the organization are Immunotherapies and Other products. Immunotherapies consist of T-cell receptor-based adoptive T-cell therapy and DC vaccines. The group operates in the United States, Germany, and Asia, of which the majority of the revenue is derived from operations in Germany.

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