60 Degrees Pharmaceuticals (60 Degrees Pharmaceuticals) Accounts Payable & Accrued Expense : $0.53 Mil (As of Mar. 2024)

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What is 60 Degrees Pharmaceuticals Accounts Payable & Accrued Expense?

60 Degrees Pharmaceuticals's quarterly accounts payable & accrued expense increased from Sep. 2023 ($0.27 Mil) to Dec. 2023 ($0.51 Mil) and increased from Dec. 2023 ($0.51 Mil) to Mar. 2024 ($0.53 Mil).

60 Degrees Pharmaceuticals's annual accounts payable & accrued expense increased from Dec. 2021 ($0.59 Mil) to Dec. 2022 ($0.95 Mil) but then declined from Dec. 2022 ($0.95 Mil) to Dec. 2023 ($0.51 Mil).

60 Degrees Pharmaceuticals Accounts Payable & Accrued Expense Historical Data

The historical data trend for 60 Degrees Pharmaceuticals'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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60 Degrees Pharmaceuticals Accounts Payable & Accrued Expense Chart

60 Degrees Pharmaceuticals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

1.43

0.59

0.95

0.51

60 Degrees Pharmaceuticals Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							1.33	1.43	0.27	0.51	0.53

60 Degrees Pharmaceuticals 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.

60 Degrees Pharmaceuticals (60 Degrees Pharmaceuticals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » 60 Degrees Pharmaceuticals Inc (NAS:SXTPW) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SXTP:USA

Address

1025 Connecticut Avenue NW, Suite 1000, Washington, D.C, WA, USA, 20036

Website

https://www.60degreespharma.com

60 Degrees Pharmaceuticals Inc operates as a specialty pharmaceutical company with the goal of using biological science and applied research to develop and commercialize new therapies for the prevention and treatment of infectious diseases. The firm's pipeline products under development cover development programs for COVID-19, fungal, tick-borne, and other viral diseases through Arakoda and Celgosivir.