Ocumetics Technology (TSXV:OTC) Accounts Payable & Accrued Expense : C$0.85 Mil (As of Mar. 2024)

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What is Ocumetics Technology Accounts Payable & Accrued Expense?

Ocumetics Technology's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$0.39 Mil) to Dec. 2023 (C$0.62 Mil) and increased from Dec. 2023 (C$0.62 Mil) to Mar. 2024 (C$0.85 Mil).

Ocumetics Technology's annual accounts payable & accrued expense declined from Jul. 2021 (C$0.64 Mil) to Dec. 2022 (C$0.24 Mil) but then increased from Dec. 2022 (C$0.24 Mil) to Dec. 2023 (C$0.62 Mil).

Ocumetics Technology Accounts Payable & Accrued Expense Historical Data

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

Ocumetics Technology Annual Data

Trend

Jul20

Jul21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.64

0.24

0.62

Ocumetics Technology Quarterly Data
	Jul20	Jul21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							0.34	0.44	0.39	0.62	0.85

Ocumetics Technology 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.

Ocumetics Technology (TSXV:OTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ocumetics Technology Corp (TSXV:OTC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

OTCFF:USA

Address

639 - 5th Avenue S.W., Suite 1250, Calgary, AB, CAN, T2P 0M9

Website

https://www.ocumetics.com

Ocumetics Technology Corp is a Canadian-based research and product development company. The company is engaged in developing an accommodating intraocular lens to eliminate the need for corrective lenses, especially for people over 45 years of age.

Executives

Roger Jewett

Director, Senior Officer

Ocumetics Technology (TSXV:OTC) Headlines

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