Adial Pharmaceuticals (Adial Pharmaceuticals) Accounts Payable & Accrued Expense : $0.37 Mil (As of Mar. 2024)

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What is Adial Pharmaceuticals Accounts Payable & Accrued Expense?

Adial Pharmaceuticals's quarterly accounts payable & accrued expense increased from Sep. 2023 ($0.17 Mil) to Dec. 2023 ($0.23 Mil) and increased from Dec. 2023 ($0.23 Mil) to Mar. 2024 ($0.37 Mil).

Adial Pharmaceuticals's annual accounts payable & accrued expense declined from Dec. 2021 ($2.14 Mil) to Dec. 2022 ($0.65 Mil) and declined from Dec. 2022 ($0.65 Mil) to Dec. 2023 ($0.23 Mil).

Adial Pharmaceuticals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Adial Pharmaceuticals'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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Adial Pharmaceuticals Accounts Payable & Accrued Expense Chart

Adial Pharmaceuticals Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.28

1.18

2.14

0.65

0.23

Adial Pharmaceuticals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.64	0.18	0.17	0.23	0.37

Adial Pharmaceuticals 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.

Adial Pharmaceuticals (Adial Pharmaceuticals) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Adial Pharmaceuticals Inc (NAS:ADILW) » Definitions » Accounts Payable & Accrued Expense

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ADIL:USA

Address

1180 Seminole Trail, Suite 495, Charlottesville, VA, USA, 22901

Website

https://www.adialpharma.com

Adial Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. The company develops prescription medications for addiction and related disorders. Its lead product is AD04, which is for the treatment of alcohol use disorder.