PHBID (Neorich Biopharma Tech Co) Accounts Payable: $0.70 Mil (As of Jun. 2023)

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What is Neorich Biopharma Tech Co Accounts Payable?

Neorich Biopharma Tech Co PHBID -44.44% Accounts Payable is $0.70 Mil as of Jun. 2023.

Neorich Biopharma Tech Co's Accounts Payable for the quarter that ended in Jun. 2023 was $0.70 Mil.

Neorich Biopharma Tech Co's quarterly Accounts Payable increased from Dec. 2022 ($0.69 Mil) to Mar. 2023 ($0.69 Mil) and increased from Mar. 2023 ($0.69 Mil) to Jun. 2023 ($0.70 Mil).

Neorich Biopharma Tech Co's annual Accounts Payable increased from Sep. 2020 ($0.46 Mil) to Sep. 2021 ($0.58 Mil) and increased from Sep. 2021 ($0.58 Mil) to Sep. 2022 ($0.65 Mil).

Neorich Biopharma Tech Co Accounts Payable Related Terms

Neorich Biopharma Tech Co Accounts Payable Historical Data

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The historical data trend for Neorich Biopharma Tech Co'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.

Neorich Biopharma Tech Co Accounts Payable Chart

Neorich Biopharma Tech Co Annual Data
Trend Apr08 Apr09 Sep18 Sep19 Sep20 Sep21 Sep22
Accounts Payable
Get a 7-Day Free Trial 0.59 0.83 0.46 0.58 0.65

Neorich Biopharma Tech Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.62 0.65 0.69 0.69 0.70

Neorich Biopharma Tech Co 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 $0.70 Mil mean?
Neorich Biopharma Tech Co (PHBID) has a Accounts Payable of $0.70 Mil as of Jun. 2023. 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 Neorich Biopharma Tech Co and its competitors.
Is Neorich Biopharma Tech Co's Accounts Payable too high?
Neorich Biopharma Tech Co's current Accounts Payable is $0.70 Mil.
How does Neorich Biopharma Tech Co's Accounts Payable compare to DVLP and CSTF?
Neorich Biopharma Tech Co's Accounts Payable of $0.70 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Accounts Payable depends on the Drug Manufacturers 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 Neorich Biopharma Tech Co and its competitors. Neorich Biopharma Tech Co's current Accounts Payable is $0.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neorich Biopharma Tech Co stock overvalued right now?
Neorich Biopharma Tech Co (PHBID) has a current Accounts Payable of $0.70 Mil. The current Accounts Payable is $0.70 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 Neorich Biopharma Tech Co (PHBID), the current Accounts Payable is $0.70 Mil as of Jun. 2023. 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.

Neorich Biopharma Tech Co Business Description

Address 112 North Curry Street, Carson, NV, USA, 89703
Pharmagreen Biotech Inc is a biotech science company with specialized products and services in the cannabis industry. The company plans to produce and sell tissue culture plantlets and cannabis oil. Its line of nutraceutical products is a proprietary blend of therapeutic plants and mushrooms. It is developing its business model beyond just cannabis, and is focused on near term revenues from its proprietary blend of therapeutic plants and fungi, a nutraceutical wellness product. Utilizing the Company's expertise in plant genetics, Its transgenic program uses the newest technology available to research and create nutraceuticals, protein-based vaccines, and daily supplements with the potential to improve lives and address a wide variety of disease conditions.