Stoke Therapeutics Inc

NASDAQ STOK

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Stoke Therapeutics Inc Accounts Payable Turnover Ratio 1 year YoY Change (%) for the quarter ending March 31, 2024: 67.36%

Stoke Therapeutics Inc Accounts Payable Turnover Ratio 1 year YoY Change (%) is 67.36% for the quarter ending March 31, 2024, a 104.47% change year over year. 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.
  • Stoke Therapeutics Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2023 was 1.20, a 32.94% change year over year.
  • Stoke Therapeutics Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2022 was 0.90, a 0.00% change year over year.
  • Stoke Therapeutics Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2021 was 0.00, a 0.00% change year over year.
  • Stoke Therapeutics Inc Accounts Payable Turnover Ratio for the quarter ending March 31, 2020 was 0.00, a 0.00% change year over year.
NASDAQ: STOK

Stoke Therapeutics Inc

CEO Dr. Edward M. Kaye M.D., Ph.D.
IPO Date June 19, 2019
Location United States
Headquarters 45 Wiggins Avenue, Bedford, MA, United States, 01730
Employees 110
Sector Healthcare
Industry Biotechnology
Description

Stoke Therapeutics, Inc., an early-stage biopharmaceutical company, develops medicines to treat the underlying causes of severe genetic diseases in the United States. The company utilizes its proprietary targeted augmentation of nuclear gene output to develop antisense oligonucleotides to selectively restore protein levels. Its lead clinical candidate is STK-002, which is in preclinical stage for the treatment of autosomal dominant optic atrophy. The company also develops STK-001, which is in phase I/II clinical trial to treat Dravet syndrome; and programs focused on multiple targets, including haploinsufficiency diseases of the central nervous system and eye. The company has a license and collaboration agreement with Acadia Pharmaceuticals Inc. for the discovery, development, and commercialization of novel RNA-based medicines for the treatment of severe and rare genetic neurodevelopmental diseases of the central nervous system. The company was formerly known as ASOthera Pharmaceuticals, Inc. and changed its name to Stoke Therapeutics, Inc. in May 2016. Stoke Therapeutics, Inc. was incorporated in 2014 and is headquartered in Bedford, Massachusetts.

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StockViz Staff

September 19, 2024

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