Evelo Biosciences Accounts Payable

Evelo Biosciences posts a accounts payable of $530K as of September 2023. That compares with $1.6M in the prior-year period — down 66.1% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Evelo Biosciences's accounts payable was $1.6M. The latest reading is $530K — a 66.1% year-over-year decrease (period ending September 2023). Use the history and growth charts on this page for a longer lookback.

Accounts Payable is one piece of Evelo Biosciences's financial statement story. At $530K, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for EVLO's accounts payable usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Evelo Biosciences's other metric pages and overview cover the third.

Judging Evelo Biosciences against Healthcare peers is usually better than using a market-wide rule of thumb. Business models inside Healthcare are more comparable, which makes gaps in accounts payable easier to interpret. Start with $530K here, then scan peer and history charts to see if the gap is persistent.