QSAM Biosciences Accounts Payable

QSAM Biosciences's accounts payable stands at $570K as of December 2023. That compares with $750K in the prior-year period — down 23.5% year over year. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

QSAM Biosciences reported $570K in accounts payable versus $750K a year earlier — a 23.5% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

That compares with $750K in the prior-year period — down 23.5% year over year. Sustained growth in accounts payable can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how QSAM Biosciences's accounts payable evolved across reporting periods, while the comparison chart places QSAM next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.

Yes — within Materials, accounts payable is commonly used to spot outliers. QSAM Biosciences's reading of $570K is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.