Argent Biopharma (LSE:RGT) Accounts Payable & Accrued Expense : £2.29 Mil (As of Dec. 2024)

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What is Argent Biopharma Accounts Payable & Accrued Expense?

Argent Biopharma's quarterly accounts payable & accrued expense increased from Dec. 2023 (£1.31 Mil) to Jun. 2024 (£1.42 Mil) and increased from Jun. 2024 (£1.42 Mil) to Dec. 2024 (£2.29 Mil).

Argent Biopharma's annual accounts payable & accrued expense declined from Jun. 2022 (£1.81 Mil) to Jun. 2023 (£1.76 Mil) and declined from Jun. 2023 (£1.76 Mil) to Jun. 2024 (£1.42 Mil).

Argent Biopharma Accounts Payable & Accrued Expense Historical Data

The historical data trend for Argent Biopharma'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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Argent Biopharma Accounts Payable & Accrued Expense Chart

Argent Biopharma Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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1.88

0.98

1.81

1.76

1.42

Argent Biopharma Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.62	1.76	1.31	1.42	2.29

Argent Biopharma 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.

Argent Biopharma Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Argent Biopharma Ltd (LSE:RGT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

RGTLF:USA H5O0:Germany RGT:Australia

Address

295 Rokeby Road, Suite 1, Subiaco, WA, AUS, 6008

Website

https://www.argentbiopharma.com

Argent Biopharma Ltd is a drug discovery company that addresses unmet medical needs. The company focuses on multidisciplinary methods with nanotechnology, developing multi-target therapies for comprehensive disease management, especially in the central nervous system and immunology treatments. The products of the company include CannEpil for refractory epilepsy and cerebral palsy, CimetrA for acute lung injury, and ARDS, and CogniCann for enhancing the quality of life in dementia and Alzheimer's patients, with additional treatments in development, and others.