Braxia Scientific (XCNQ:BRAX) Accounts Payable & Accrued Expense : C$1.89 Mil (As of Dec. 2023)

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What is Braxia Scientific Accounts Payable & Accrued Expense?

Braxia Scientific's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$1.52 Mil) to Sep. 2023 (C$1.54 Mil) and increased from Sep. 2023 (C$1.54 Mil) to Dec. 2023 (C$1.89 Mil).

Braxia Scientific's annual accounts payable & accrued expense increased from Mar. 2021 (C$2.19 Mil) to Mar. 2022 (C$2.19 Mil) but then declined from Mar. 2022 (C$2.19 Mil) to Mar. 2023 (C$1.85 Mil).

Braxia Scientific Accounts Payable & Accrued Expense Historical Data

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

Braxia Scientific Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

2.19

1.85

Braxia Scientific Quarterly Data
	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												0.89	1.85	1.52	1.54	1.89

Braxia Scientific 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.

Braxia Scientific (XCNQ:BRAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Braxia Scientific Corp (XCNQ:BRAX) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

BRAXF:USA 4960:Germany

Address

700 Bay Street, Suite 1903, Toronto, ON, CAN, M5G 1Z6

Website

https://www.braxiascientific.com

Braxia Scientific Corp is a research-driven medical solutions company that aims to reduce the illness burden of brain-based mental disorders such as depressive disorder among others. It is primarily focused on owning and operating multidisciplinary clinics, providing treatment for mental health disorders, and research activities related to discovering and commercializing novel drugs and delivery methods. The company develops ketamine and psilocybin derivatives and other psychedelic products from its IP development platform.

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