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LOBEF (Lobe Sciences) Accounts Payable & Accrued Expense : $0.76 Mil (As of Feb. 2025)


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What is Lobe Sciences Accounts Payable & Accrued Expense?

Lobe Sciences's quarterly accounts payable & accrued expense declined from Aug. 2024 ($0.75 Mil) to Nov. 2024 ($0.74 Mil) but then increased from Nov. 2024 ($0.74 Mil) to Feb. 2025 ($0.76 Mil).

Lobe Sciences's annual accounts payable & accrued expense increased from Aug. 2022 ($1.01 Mil) to Aug. 2023 ($1.58 Mil) but then declined from Aug. 2023 ($1.58 Mil) to Aug. 2024 ($0.75 Mil).


Lobe Sciences Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lobe Sciences'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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Lobe Sciences Accounts Payable & Accrued Expense Chart

Lobe Sciences Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.64 1.01 1.58 0.75

Lobe Sciences Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 2.20 0.63 0.75 0.74 0.76

Lobe Sciences 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.


Lobe Sciences Business Description

Industry
Traded in Other Exchanges
Address
1771 Robson Street, No. 1614, Vancouver, BC, CAN, V6G 3B7
Lobe Sciences Ltd is a biopharmaceutical company committed to discovering and developing patient-focused medicines for orphan and rare diseases. It is engaged in drug research and development to improve brain and mental health and wellness. The company plans to commercialize a medical food named Altemia for the treatment of Sickle Cell Disease and has other drugs in pipeline such as L-130 Treatment for Chronic Cluster Headache, L-131 Treatment for Pediatric Anxiety and S-100 Treatment for Sickle Cell Disease.