Lobe Sciences (Lobe Sciences) Accounts Payable & Accrued Expense : $2.20 Mil (As of Feb. 2024)

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What is Lobe Sciences Accounts Payable & Accrued Expense?

Lobe Sciences's quarterly accounts payable & accrued expense increased from Aug. 2023 ($1.58 Mil) to Nov. 2023 ($1.84 Mil) and increased from Nov. 2023 ($1.84 Mil) to Feb. 2024 ($2.20 Mil).

Lobe Sciences's annual accounts payable & accrued expense increased from Aug. 2021 ($0.64 Mil) to Aug. 2022 ($1.01 Mil) and increased from Aug. 2022 ($1.01 Mil) to Aug. 2023 ($1.58 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

Dec14

Dec15

Dec16

Dec17

Dec18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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0.40

0.45

0.64

1.01

1.58

Lobe Sciences Quarterly Data
	Dec18	Mar19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.07	1.29	1.58	1.84	2.20

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 (Lobe Sciences) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Lobe Sciences Ltd (OTCPK:LOBEF) » Definitions » Accounts Payable & Accrued Expense

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6YX0:Germany LOBE:Canada

Address

1199 West Hastings Street, Suite 1400, Vancouver, BC, CAN, V6E 3T5

Website

https://www.lobesciences.com

Lobe Sciences Ltd is a technology and services company that provides real estate, financial, management, IP, and branding support for the development of transformational medicine. It is working to develop effective psilocybin-based therapeutics for the treatment of mild traumatic brain injuries and post-traumatic stress disorder and devices for the efficient application of medications.