Psyence Group (XCNQ:PSYG) Accounts Payable & Accrued Expense : C$0.64 Mil (As of Dec. 2024)

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What is Psyence Group Accounts Payable & Accrued Expense?

Psyence Group's quarterly accounts payable & accrued expense increased from Jun. 2024 (C$0.67 Mil) to Sep. 2024 (C$1.34 Mil) but then declined from Sep. 2024 (C$1.34 Mil) to Dec. 2024 (C$0.64 Mil).

Psyence Group's annual accounts payable & accrued expense increased from Mar. 2022 (C$0.32 Mil) to Mar. 2023 (C$2.62 Mil) but then declined from Mar. 2023 (C$2.62 Mil) to Mar. 2024 (C$1.22 Mil).

Psyence Group Accounts Payable & Accrued Expense Historical Data

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

Psyence Group Annual Data

Trend

Dec19

Dec20

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

0.06

0.14

0.32

2.62

1.22

Psyence Group Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												1.36	1.22	0.67	1.34	0.64

Psyence Group 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.

Psyence Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Psyence Group Inc (XCNQ:PSYG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PSYGD:USA

Address

121 Richmond Street West, Penthouse Suite, 1300, Toronto, ON, CAN, M5H 2K1

Website

https://www.psyence.com

Psyence Group Inc is a life science biotechnology company focused on the research, cultivation, and production of psychedelics and nature-based compounds to treat psychological trauma in the context of palliative care and in support of mental wellness.

Executives

Jody Aufrichtig	Director, Senior Officer
Warwick Corden-lloyd	Senior Officer
Neil Maresky	Senior Officer

Psyence Group Headlines

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