Homology Medicines (LTS:0T6G) Accounts Payable & Accrued Expense : $4.50 Mil (As of Dec. 2023)

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What is Homology Medicines Accounts Payable & Accrued Expense?

Homology Medicines's quarterly accounts payable & accrued expense declined from Jun. 2023 ($17.63 Mil) to Sep. 2023 ($16.85 Mil) and declined from Sep. 2023 ($16.85 Mil) to Dec. 2023 ($4.50 Mil).

Homology Medicines's annual accounts payable & accrued expense increased from Dec. 2021 ($5.97 Mil) to Dec. 2022 ($13.91 Mil) but then declined from Dec. 2022 ($13.91 Mil) to Dec. 2023 ($4.50 Mil).

Homology Medicines Accounts Payable & Accrued Expense Historical Data

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

Homology Medicines Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5.70

7.62

5.97

13.91

4.50

Homology Medicines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															13.91	14.01	17.63	16.85	4.50

Homology Medicines 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.

Homology Medicines (LTS:0T6G) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Homology Medicines Inc (LTS:0T6G) » Definitions » Accounts Payable & Accrued Expense

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FIXX:USA 35H:Germany

Address

One Patriots Park, Bedford, MA, USA, 01730

Website

https://www.homologymedicines.com

Homology Medicines Inc is a United States-based genetic medicines company dedicated to transforming the lives of patients suffering from rare genetic diseases with significant unmet medical needs by curing the underlying cause of the disease. Its proprietary platform is designed to utilize its human hematopoietic stem cell derived adeno-associated virus vectors (AAVHSCs) to deliver genetic medicines in vivo either through a gene therapy or nuclease-free gene editing modality across a range of genetic disorders.

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