GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Legend Biotech Corp (NAS:LEGN) » Definitions » Accounts Payable & Accrued Expense

LEGN (Legend Biotech) Accounts Payable & Accrued Expense : $202.8 Mil (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Legend Biotech Accounts Payable & Accrued Expense?

Legend Biotech's quarterly accounts payable & accrued expense increased from Mar. 2024 ($182.8 Mil) to Jun. 2024 ($215.6 Mil) but then declined from Jun. 2024 ($215.6 Mil) to Sep. 2024 ($202.8 Mil).

Legend Biotech's annual accounts payable & accrued expense increased from Dec. 2021 ($140.1 Mil) to Dec. 2022 ($226.8 Mil) but then declined from Dec. 2022 ($226.8 Mil) to Dec. 2023 ($160.2 Mil).


Legend Biotech Accounts Payable & Accrued Expense Historical Data

The historical data trend for Legend Biotech'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.

* Premium members only.

Legend Biotech Accounts Payable & Accrued Expense Chart

Legend Biotech Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 80.44 113.82 140.09 226.77 160.17

Legend Biotech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 171.68 160.17 182.77 215.59 202.84

Legend Biotech 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.


Legend Biotech Business Description

Industry
Traded in Other Exchanges
Address
2101 Cottontail Lane, Somerset, NJ, USA, 08873
Legend Biotech Corp is a clinical-stage biopharmaceutical company. It is engaged in the discovery and development of novel cell therapies for oncology and other indications. The firm's lead product candidate, LCAR-B38M/JNJ-4528, is a chimeric antigen receptor, or CAR, T cell therapy for the treatment of multiple myeloma. Geographically, the company generates a majority of its revenue from the United States of America. The company generates revenue from License and Collaboration revenue.