Achiko AG (Achiko AG) Accounts Payable & Accrued Expense : $3.09 Mil (As of Jun. 2022)

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What is Achiko AG Accounts Payable & Accrued Expense?

Achiko AG's quarterly accounts payable & accrued expense declined from Jun. 2021 ($2.75 Mil) to Dec. 2021 ($2.40 Mil) but then increased from Dec. 2021 ($2.40 Mil) to Jun. 2022 ($3.09 Mil).

Achiko AG's annual accounts payable & accrued expense declined from Dec. 2019 ($2.47 Mil) to Dec. 2020 ($2.30 Mil) but then increased from Dec. 2020 ($2.30 Mil) to Dec. 2021 ($2.40 Mil).

Achiko AG Accounts Payable & Accrued Expense Historical Data

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

Achiko AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

2.24

2.47

2.30

2.40

Achiko AG Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			2.28	2.30	2.75	2.40	3.09

Achiko AG 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.

Achiko AG (Achiko AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Achiko AG (OTCPK:ACHKF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tessinerplatz 7, Zurich, CHE, CH-8002

Website

https://www.achiko.com

Achiko AG is developing disruptive diagnostic solutions that put people first. The company product is a rapid, reliable Covid-19 test with a companion app offering a user-friendly digital health passport. Achiko creates and develops aptamer-based diagnostics through its biotechnology division, AptameX, and companion health apps via its digital mobile health technology division, Teman Sehat. The AptameX DNA aptamer tests can be rapidly chemically synthesized, are cost-effective, and have wide potential across multiple disease diagnostics. Leveraging AptameX and Teman Sehat, Achiko aims to deliver fast, accurate, and affordable diagnostic testing for a range of pathogenic diseases and therapeutic indications in the rapidly evolving healthcare diagnostics field.