Acumen Pharmaceuticals Inc

NASDAQ ABOS

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Acumen Pharmaceuticals Inc Accounts Payable Turnover Ratio 1 year YoY Change (%) for the Trailing 12 Months (TTM) ending September 30, 2022: -100.00%

Acumen Pharmaceuticals Inc Accounts Payable Turnover Ratio 1 year YoY Change (%) is -100.00% for the Trailing 12 Months (TTM) ending September 30, 2022. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Acumen Pharmaceuticals Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 0.00, a 0.00% change year over year.
  • Acumen Pharmaceuticals Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 0.00, a -100.00% change year over year.
  • Acumen Pharmaceuticals Inc Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 1.35.
NASDAQ: ABOS

Acumen Pharmaceuticals Inc

CEO Mr. Daniel J. O'Connell M.B.A.
IPO Date July 1, 2021
Location United States
Headquarters 427 Park Street, Charlottesville, VA, United States, 22902
Employees 51
Sector Healthcare
Industry Biotechnology
Description

Acumen Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops targeted therapies for the treatment of Alzheimer's disease. The company focuses on advancing a targeted immunotherapy drug candidate sabirnetug (ACU193), a recombinant humanized immunoglobulin gamma 2 that completed Phase I clinical trial to target soluble amyloid-beta oligomers. The company has a license agreement with Lonza Sales AG to manufacture and commercialize sabirnetug; and a collaboration and license agreement with Halozyme, Inc. for the development of a subcutaneous formulation of sabirnetug. Acumen Pharmaceuticals, Inc. was incorporated in 1996 and is headquartered in Charlottesville, Virginia.

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September 20, 2024

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