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Q32 Bio (Q32 Bio) Accounts Payable & Accrued Expense : $18.82 Mil (As of Mar. 2024)


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What is Q32 Bio Accounts Payable & Accrued Expense?

Q32 Bio's quarterly accounts payable & accrued expense increased from Sep. 2023 ($6.53 Mil) to Dec. 2023 ($9.69 Mil) and increased from Dec. 2023 ($9.69 Mil) to Mar. 2024 ($18.82 Mil).

Q32 Bio's annual accounts payable & accrued expense increased from Dec. 2021 ($5.73 Mil) to Dec. 2022 ($7.67 Mil) and increased from Dec. 2022 ($7.67 Mil) to Dec. 2023 ($9.69 Mil).


Q32 Bio Accounts Payable & Accrued Expense Historical Data

The historical data trend for Q32 Bio'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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Q32 Bio Accounts Payable & Accrued Expense Chart

Q32 Bio Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
5.73 7.67 9.69

Q32 Bio Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 7.67 - 6.53 9.69 18.82

Q32 Bio 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.


Q32 Bio (Q32 Bio) Business Description

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830 Winter Street, Waltham, MA, USA, 02451
Q32 Bio Inc is a clinical-stage biotechnology company focused on developing novel biologics to effectively and safely restore healthy immune balance in patients with autoimmune & inflammatory diseases driven by pathological immune dysfunction. Q32 is advancing antibody-based therapeutic candidates designed to target two central pathways of adaptive & innate immunity. The adaptive immune system is largely composed of T- & B-cell mediated cellular & antibody responses, while the innate immune system is the body's first line of defense employing leukocytes that are responsible for clearing pathogens and cellular debris and modulating T- & B-cell function. ADX-097, the lead product candidate from Q32's complement inhibitor platform, is a humanized anti-C3d monoclonal antibody fusion protein.

Q32 Bio (Q32 Bio) Headlines

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