GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PetVivo Holdings Inc (OTCPK:PETVW) » Definitions » Accounts Payable & Accrued Expense

PetVivo Holdings (PetVivo Holdings) Accounts Payable & Accrued Expense : $1.34 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is PetVivo Holdings Accounts Payable & Accrued Expense?

PetVivo Holdings's quarterly accounts payable & accrued expense increased from Jun. 2023 ($1.31 Mil) to Sep. 2023 ($1.73 Mil) but then declined from Sep. 2023 ($1.73 Mil) to Dec. 2023 ($1.34 Mil).

PetVivo Holdings's annual accounts payable & accrued expense increased from Mar. 2021 ($1.00 Mil) to Mar. 2022 ($1.11 Mil) and increased from Mar. 2022 ($1.11 Mil) to Mar. 2023 ($1.37 Mil).


PetVivo Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for PetVivo Holdings'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.

PetVivo Holdings Accounts Payable & Accrued Expense Chart

PetVivo Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.05 1.00 1.11 1.37

PetVivo Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.50 1.37 1.31 1.73 1.34

PetVivo Holdings 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.


PetVivo Holdings (PetVivo Holdings) Business Description

Traded in Other Exchanges
Address
5251 Edina Industrial Boulevard, Edina, MN, USA, 55439
PetVivo Holdings Inc is an emerging biomedical device company. The group is focused on the manufacturing, commercialization, and licensing of medical devices and therapeutics for companion animals. A key strategy of the company is to leverage human therapies for the treatment of companion animals cost-effectively and in a timely manner. The accelerated timeline to revenues for veterinary medical devices is a key component of this strategy, which enter the market much earlier than pharmaceuticals and biologics. The product pipeline includes approximately seventeen products intended to treat animals and people. Its patent protection extends to biomaterials, products, production processes, and methods of use provided by the company's portfolio of nineteen patents.