Resverlogix (TSX:RVX) Accounts Payable & Accrued Expense : C$29.89 Mil (As of Mar. 2024)

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What is Resverlogix Accounts Payable & Accrued Expense?

Resverlogix's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$24.93 Mil) to Dec. 2023 (C$26.20 Mil) and increased from Dec. 2023 (C$26.20 Mil) to Mar. 2024 (C$29.89 Mil).

Resverlogix's annual accounts payable & accrued expense increased from Dec. 2021 (C$11.63 Mil) to Dec. 2022 (C$20.54 Mil) and increased from Dec. 2022 (C$20.54 Mil) to Dec. 2023 (C$26.20 Mil).

Resverlogix Accounts Payable & Accrued Expense Historical Data

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

Resverlogix Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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11.12

12.08

11.63

20.54

26.20

Resverlogix Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	22.60	24.93	26.20	29.89

Resverlogix 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.

Resverlogix (TSX:RVX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Resverlogix Corp (TSX:RVX) » Definitions » Accounts Payable & Accrued Expense

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RVXCF:USA RFS:Germany

Address

4820 Richard Road South West, Suite 300, Calgary, AB, CAN, T3E 6L1

Website

https://www.resverlogix.com

Resverlogix Corp clinical-stage biotechnology company. The company is developing apabetalone (RVX-208), a first-in-class, small molecule that is a selective BET (bromodomain and extra terminal) inhibitor. BET bromodomain inhibition is an epigenetic mechanism that can regulate disease-causing genes. Apabetalone is a BET inhibitor selective for the second bromodomain (BD2) within the BET proteins. This selective inhibition of apabetalone on BD2 produces a specific set of biological effects with potentially important benefits for patients with chronic disease including cardiovascular disease (CVD) and associated comorbidities, and COVID-19.

Executives

Aaron Bradley Cann

Senior Officer

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