NTBLQ (Notable Labs) Accounts Payable: $1.16 Mil (As of Jun. 2024)

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What is Notable Labs Accounts Payable?

Notable Labs NTBLQ -90.00% Accounts Payable is $1.16 Mil as of Jun. 2024.

Notable Labs's Accounts Payable for the quarter that ended in Jun. 2024 was $1.16 Mil.

Notable Labs's quarterly Accounts Payable declined from Dec. 2023 ($1.80 Mil) to Mar. 2024 ($1.54 Mil) and declined from Mar. 2024 ($1.54 Mil) to Jun. 2024 ($1.16 Mil).

Notable Labs's annual Accounts Payable increased from Dec. 2021 ($0.65 Mil) to Dec. 2022 ($0.75 Mil) and increased from Dec. 2022 ($0.75 Mil) to Dec. 2023 ($1.80 Mil).

Notable Labs Accounts Payable Historical Data

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The historical data trend for Notable Labs's Accounts Payable 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.

Notable Labs Accounts Payable Chart

Notable Labs Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable
0.65 0.75 1.80

Notable Labs Quarterly Data
Dec21 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Accounts Payable Get a 7-Day Free Trial 0.00 0.00 1.80 1.54 1.16

Notable Labs Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $1.16 Mil mean?
Notable Labs (NTBLQ) has a Accounts Payable of $1.16 Mil as of Jun. 2024. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Notable Labs and its competitors.
Is Notable Labs' Accounts Payable too high?
Notable Labs' current Accounts Payable is $1.16 Mil.
How does Notable Labs' Accounts Payable compare to VRTX and REGN?
Notable Labs' Accounts Payable of $1.16 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Biotechnology company?
A good Accounts Payable depends on the Biotechnology industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Notable Labs and its competitors. Notable Labs's current Accounts Payable is $1.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Notable Labs stock overvalued right now?
Notable Labs (NTBLQ) has a current Accounts Payable of $1.16 Mil. The current Accounts Payable is $1.16 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Notable Labs (NTBLQ), the current Accounts Payable is $1.16 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Notable Labs Business Description

Address 320 Hatch Drive, Foster City, CA, USA, 94404
Notable Labs Ltd is a clinical-stage platform therapeutics company developing predictive precision medicines for patients with cancer. Through its proprietary Predictive Precision Medicines Platform (PPMP), Notable bio-simulates a cancer treatment to predict whether or not a patient is likely to respond to that specific therapeutic. PPMP is designed to enable Notable to identify and select patients expected to be clinically responsive before the initiation of their treatment and potentially enable fast-track therapeutic development in this patient population.