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Aadi Bioscience (FRA:3350) Accounts Payable & Accrued Expense : €16.67 Mil (As of Mar. 2024)


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What is Aadi Bioscience Accounts Payable & Accrued Expense?

Aadi Bioscience's quarterly accounts payable & accrued expense increased from Sep. 2023 (€14.92 Mil) to Dec. 2023 (€20.98 Mil) but then declined from Dec. 2023 (€20.98 Mil) to Mar. 2024 (€16.67 Mil).

Aadi Bioscience's annual accounts payable & accrued expense increased from Dec. 2021 (€12.10 Mil) to Dec. 2022 (€12.25 Mil) and increased from Dec. 2022 (€12.25 Mil) to Dec. 2023 (€20.98 Mil).


Aadi Bioscience Accounts Payable & Accrued Expense Historical Data

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

Aadi Bioscience Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
16.61 12.10 12.25 20.98

Aadi Bioscience Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.80 9.05 14.92 20.98 16.67

Aadi Bioscience 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.


Aadi Bioscience (FRA:3350) Business Description

Industry
Traded in Other Exchanges
Address
17383 Sunset Boulevard, Suite A250, Pacific Palisades, CA, USA, 90272
Aadi Bioscience Inc is a clinical-stage biopharmaceutical company developing precision therapies for genetically-defined cancers. Aadi's primary goal is to bring transformational therapies to cancer patients with mTOR pathway driver alterations such as alterations in TSC1 or TSC2 genes, where other mTOR inhibitors have not or cannot be effectively exploited due to problems of pharmacology, effective drug delivery, safety, or effective targeting to the disease site. It has one operating segment, which is the business of developing and commercializing proprietary therapeutic. Geographically, it is located in the United States.

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