1606 (CBDW) Accounts Payable & Accrued Expense : $0.44 Mil (As of Mar. 2024)

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What is 1606 Accounts Payable & Accrued Expense?

1606's quarterly accounts payable & accrued expense increased from Sep. 2023 ($0.08 Mil) to Dec. 2023 ($0.31 Mil) and increased from Dec. 2023 ($0.31 Mil) to Mar. 2024 ($0.44 Mil).

1606's annual accounts payable & accrued expense increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.03 Mil) and increased from Dec. 2022 ($0.03 Mil) to Dec. 2023 ($0.31 Mil).

1606 Accounts Payable & Accrued Expense Historical Data

The historical data trend for 1606'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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1606 Accounts Payable & Accrued Expense Chart

1606 Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.03

0.31

1606 Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					0.04	0.05	0.08	0.31	0.44

1606 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.

1606 (CBDW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » 1606 Corp (OTCPK:CBDW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2425 E. Camelback Road, Suite 150, Phoenix, AZ, USA, 85016

Website

https://cbd.inc

1606 Corp offers nicotine-free and tobacco-free alternatives to traditional cigarettes and vaping products. Its products are manufactured with a blend of all-natural ingredients to provide smokers aged 21+ an alternative to traditional cigarettes that do not contain nicotine or tobacco and promote health benefits such as pain management, reduced anxiety, and enhance wakefulness. Smokable hemp is a Company Product That is an alternative for customers that currently smoke or want to quit smoking nicotine.