AbCellera Biologics (STU:8QQ) Accounts Payable & Accrued Expense : €74.69 Mil (As of Mar. 2024)

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What is AbCellera Biologics Accounts Payable & Accrued Expense?

AbCellera Biologics's quarterly accounts payable & accrued expense increased from Sep. 2023 (€75.72 Mil) to Dec. 2023 (€79.58 Mil) but then declined from Dec. 2023 (€79.58 Mil) to Mar. 2024 (€74.69 Mil).

AbCellera Biologics's annual accounts payable & accrued expense declined from Dec. 2021 (€88.57 Mil) to Dec. 2022 (€80.09 Mil) and declined from Dec. 2022 (€80.09 Mil) to Dec. 2023 (€79.58 Mil).

AbCellera Biologics Accounts Payable & Accrued Expense Historical Data

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

AbCellera Biologics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.52

70.70

88.57

80.09

79.58

AbCellera Biologics Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															61.02	90.35	75.72	79.58	74.69

AbCellera Biologics 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.

AbCellera Biologics (STU:8QQ) Business Description

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ABCL:USA

Address

2215 Yukon Street, Vancouver, BC, CAN, V5Y 0A1

Website

https://www.abcellera.com

AbCellera Biologics Inc is an antibody discovery and development engine that's specifically designed to address the barriers of conventional discovery, finding the optimal clinical candidate with greater precision and speed, getting to the clinic and patients sooner. With the integrated AbCellera platform, the company's experts search a wide range of diverse antibodies to select the most effective and developable leads fast and set partners up for enduring success. The company have extensive experience forging partnerships with emerging biotechs and leading pharmaceutical companies. AbCellera leverages proprietary hardware, software, and tools along with the latest data science, to operate as strategic partners and help develop optimized solutions faster for any program.

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