OpGen (LTS:0A8L) Accounts Payable & Accrued Expense : $2.17 Mil (As of Sep. 2023)

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What is OpGen Accounts Payable & Accrued Expense?

OpGen's quarterly accounts payable & accrued expense declined from Mar. 2023 ($1.70 Mil) to Jun. 2023 ($1.24 Mil) but then increased from Jun. 2023 ($1.24 Mil) to Sep. 2023 ($2.17 Mil).

OpGen's annual accounts payable & accrued expense declined from Dec. 2020 ($3.31 Mil) to Dec. 2021 ($3.27 Mil) and declined from Dec. 2021 ($3.27 Mil) to Dec. 2022 ($1.95 Mil).

OpGen Accounts Payable & Accrued Expense Historical Data

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

OpGen Annual Data

Trend

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Dec22

Accounts Payable & Accrued Expense

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2.53

2.10

3.31

3.27

1.95

OpGen Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.73	1.95	1.70	1.24	2.17

OpGen 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.

OpGen (LTS:0A8L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » OpGen Inc (LTS:0A8L) » Definitions » Accounts Payable & Accrued Expense

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OPGN:USA 650:Germany

Address

9717 Key West Avenue, Suite 100, Rockville, MD, USA, 20850

Website

https://www.opgen.com

OpGen Inc is a precision medicine company harnessing the power of molecular diagnostics and informatics to help combat infectious disease. It is developing molecular information products and services for healthcare settings, helping to guide clinicians with rapid and actionable information about life-threatening infections, improve patient outcomes, and decrease the spread of infections caused by MDROs. Its proprietary DNA tests and informatics address the rising threat of antibiotic resistance by helping physicians and other healthcare providers optimize care decisions for patients with acute infections. The company's product candidates and services combine its Acuitas molecular diagnostics and Acuitas Lighthouse informatics platform for use with its curated MDRO knowledge base.

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