OCEA (Ocean Biomedical) Accounts Payable: $0.96 Mil (As of Mar. 2025)

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What is Ocean Biomedical Accounts Payable?

Ocean Biomedical OCEA Accounts Payable is $0.96 Mil as of Mar. 2025.

Ocean Biomedical's Accounts Payable for the quarter that ended in Mar. 2025 was $0.96 Mil.

Ocean Biomedical's quarterly Accounts Payable declined from Sep. 2024 ($0.86 Mil) to Dec. 2024 ($0.80 Mil) but then increased from Dec. 2024 ($0.80 Mil) to Mar. 2025 ($0.96 Mil).

Ocean Biomedical's annual Accounts Payable increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($0.93 Mil) but then declined from Dec. 2023 ($0.93 Mil) to Dec. 2024 ($0.80 Mil).

Ocean Biomedical Accounts Payable Related Terms

Ocean Biomedical Accounts Payable Historical Data

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The historical data trend for Ocean Biomedical'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.

Ocean Biomedical Accounts Payable Chart

Ocean Biomedical Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable
Get a 7-Day Free Trial 0.05 0.03 0.00 0.93 0.80

Ocean Biomedical Quarterly Data
Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.93 0.86 0.80 0.96

Ocean Biomedical 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 $0.96 Mil mean?
Ocean Biomedical (OCEA) has a Accounts Payable of $0.96 Mil as of Mar. 2025. 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 Ocean Biomedical and its competitors.
Is Ocean Biomedical's Accounts Payable too high?
Ocean Biomedical's current Accounts Payable is $0.96 Mil.
How does Ocean Biomedical's Accounts Payable compare to SIGY and ENDV?
Ocean Biomedical's Accounts Payable of $0.96 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 Ocean Biomedical and its competitors. Ocean Biomedical's current Accounts Payable is $0.96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Biomedical stock overvalued right now?
Ocean Biomedical (OCEA) has a current Accounts Payable of $0.96 Mil. The current Accounts Payable is $0.96 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 Ocean Biomedical (OCEA), the current Accounts Payable is $0.96 Mil as of Mar. 2025. 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.

Ocean Biomedical Business Description

Address 55 Claverick Street, Room 325, Providence, RI, USA, 02903
Ocean Biomedical Inc is a biopharmaceutical company that is focused on discovering and developing therapeutic products in oncology, fibrosis, and infectious diseases. The company is developing an antibody therapeutic product candidate inhibiting Chi3l1, and a bi-specific antibody product candidate inhibiting Chi3l1 plus PD-1 and CTLA-4 for the treatment of non-small cell lung cancer and glioblastoma multiforme; and a small molecule product candidate targeting Chit1 for the treatment of Idiopathic Pulmonary Fibrosis and Hermansky-Pudlak Syndrome.