Medical Marijuana (Medical Marijuana) Accounts Payable & Accrued Expense : $0.71 Mil (As of Dec. 2017)

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What is Medical Marijuana Accounts Payable & Accrued Expense?

Medical Marijuana's quarterly accounts payable & accrued expense declined from Dec. 2015 ($1.18 Mil) to Dec. 2016 ($1.02 Mil) and declined from Dec. 2016 ($1.02 Mil) to Dec. 2017 ($0.71 Mil).

Medical Marijuana's annual accounts payable & accrued expense declined from Dec. 2015 ($1.18 Mil) to Dec. 2016 ($1.02 Mil) and declined from Dec. 2016 ($1.02 Mil) to Dec. 2017 ($0.71 Mil).

Medical Marijuana Accounts Payable & Accrued Expense Historical Data

The historical data trend for Medical Marijuana'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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Medical Marijuana Accounts Payable & Accrued Expense Chart

Medical Marijuana Annual Data

Trend

Dec09

Dec10

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Accounts Payable & Accrued Expense

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1.75

1.18

1.02

0.71

Medical Marijuana Semi-Annual Data
	Dec09	Dec10	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	1.75	1.18	1.02	0.71

Medical Marijuana 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.

Medical Marijuana (Medical Marijuana) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Medical Marijuana Inc (OTCPK:MJNA) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

2384 La Mirada Drive, Vista, CA, USA, 92081

Website

https://www.medicalmarijuanainc.com

Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others.