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Immuron (Immuron) Accounts Payable & Accrued Expense : $1.11 Mil (As of Dec. 2023)


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What is Immuron Accounts Payable & Accrued Expense?

Immuron's quarterly accounts payable & accrued expense increased from Dec. 2022 ($0.21 Mil) to Jun. 2023 ($0.80 Mil) and increased from Jun. 2023 ($0.80 Mil) to Dec. 2023 ($1.11 Mil).

Immuron's annual accounts payable & accrued expense increased from Jun. 2021 ($0.58 Mil) to Jun. 2022 ($0.82 Mil) but then declined from Jun. 2022 ($0.82 Mil) to Jun. 2023 ($0.80 Mil).


Immuron Accounts Payable & Accrued Expense Historical Data

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

Immuron Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 0.76 0.27 0.58 0.82 0.80

Immuron Semi-Annual Data
Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense 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 0.50 0.82 0.21 0.80 1.11

Immuron 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.


Immuron (Immuron) Business Description

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Chapman Street, Unit 10, 25-37, Blackburn North, Melbourne, VIC, AUS, 3130
Immuron Ltd is a clinical-stage biopharmaceutical company focused on the development and commercialization of a novel class of immunomodulator polyclonal antibodies to treat liver diseases, infectious diseases and other immune-mediated diseases, such as colitis. The company's product, IMM-124E, is a proprietary immunomodulatory agent targeted at GI immune-mediated diseases including fatty liver diseases. The company functions in two segments namely, Research and Development and Hyperimmune products.