Alvotech (Alvotech) Accounts Payable & Accrued Expense : $147.33 Mil (As of Dec. 2023)

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What is Alvotech Accounts Payable & Accrued Expense?

Alvotech's quarterly accounts payable & accrued expense declined from Jun. 2023 ($122.72 Mil) to Sep. 2023 ($55.57 Mil) but then increased from Sep. 2023 ($55.57 Mil) to Dec. 2023 ($147.33 Mil).

Alvotech's annual accounts payable & accrued expense increased from Dec. 2021 ($72.08 Mil) to Dec. 2022 ($87.84 Mil) and increased from Dec. 2022 ($87.84 Mil) to Dec. 2023 ($147.33 Mil).

Alvotech Accounts Payable & Accrued Expense Historical Data

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

Alvotech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

28.81

72.08

87.84

147.33

Alvotech Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								87.84	32.12	122.72	55.57	147.33

Alvotech 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.

Alvotech (Alvotech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Alvotech (NAS:ALVO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ALVO:Iceland Z45:Germany

Address

9, rue de Bitbourg, Luxembourg, LUX, L-1273

Website

https://www.alvotech.com

Alvotech is an integrated biopharmaceutical company committed to developing and manufacturing high-quality biosimilar medicines for patients globally. its purpose is to improve the health and quality of life of patients around the world by improving access to proven treatments for various diseases.