Arena Pharmaceuticals (FRA:RN3N) Accounts Payable & Accrued Expense : €47.00 Mil (As of Dec. 2021)

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What is Arena Pharmaceuticals Accounts Payable & Accrued Expense?

Arena Pharmaceuticals's quarterly accounts payable & accrued expense declined from Jun. 2021 (€41.23 Mil) to Sep. 2021 (€27.70 Mil) but then increased from Sep. 2021 (€27.70 Mil) to Dec. 2021 (€47.00 Mil).

Arena Pharmaceuticals's annual accounts payable & accrued expense increased from Dec. 2019 (€24.14 Mil) to Dec. 2020 (€28.63 Mil) and increased from Dec. 2020 (€28.63 Mil) to Dec. 2021 (€47.00 Mil).

Arena Pharmaceuticals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Arena Pharmaceuticals'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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Arena Pharmaceuticals Accounts Payable & Accrued Expense Chart

Arena Pharmaceuticals Annual Data

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Dec21

Accounts Payable & Accrued Expense

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29.04

15.83

24.14

28.63

47.00

Arena Pharmaceuticals Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															28.63	30.38	41.23	27.70	47.00

Arena Pharmaceuticals 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.

Arena Pharmaceuticals (FRA:RN3N) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Arena Pharmaceuticals Inc (FRA:RN3N) » Definitions » Accounts Payable & Accrued Expense

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Address

136 Heber Avenue, Suite 204, Park City, UT, USA, 84060

Website

https://www.arenapharm.com

Arena Pharmaceuticals is a biotechnology company targeting G-protein-coupled receptors. The company has one internally discovered drug, lorcaserin, which has been approved and is marketed in the U.S. and South Korea to target weight management. It is commercialized under the brand name Belviq. The company is collaborating with Eisai to market Belviq in other countries. It has a presence in Europe through its Swiss subsidiary, Arena GmbH. The company's pipeline contains drugs targeting autoimmune diseases, vascular diseases, thrombotic diseases, dementia-associated psychosis, nervous system issues, and pain.

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