Medicus Pharma (Medicus Pharma) Accounts Payable & Accrued Expense : $1.09 Mil (As of Dec. 2023)

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What is Medicus Pharma Accounts Payable & Accrued Expense?

Medicus Pharma's quarterly accounts payable & accrued expense increased from Jun. 2023 ($0.13 Mil) to Sep. 2023 ($1.60 Mil) but then declined from Sep. 2023 ($1.60 Mil) to Dec. 2023 ($1.09 Mil).

Medicus Pharma's annual accounts payable & accrued expense declined from Dec. 2021 ($0.16 Mil) to Dec. 2022 ($0.10 Mil) but then increased from Dec. 2022 ($0.10 Mil) to Dec. 2023 ($1.09 Mil).

Medicus Pharma Accounts Payable & Accrued Expense Historical Data

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

Medicus Pharma Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.16

0.10

1.09

Medicus Pharma Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				0.10	0.26	0.13	1.60	1.09

Medicus Pharma 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.

Medicus Pharma (Medicus Pharma) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Medicus Pharma Ltd (OTCPK:MDPLF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MDCX:Canada

Address

100 King Street West, Suite 3400, One First Canadian Place, Toronto, ON, CAN, M5X 1A4

Website

http://www.medicuspharma.com

Medicus Pharma Ltd will carry on the business of pharmaceutical drug development focused initially on SkinJect. The objective of SkinJect is developing and commercializing novel microneedle arrays for the purpose of treating certain skin cancers, initially basal cell carcinoma.

Medicus Pharma (Medicus Pharma) Headlines

From GuruFocus

Medicus Pharma Opens the Market

By PRNewswire • 10-26-2023