CanadaBis Capital (TSXV:CANB) Accounts Payable & Accrued Expense : C$8.58 Mil (As of Jan. 2024)

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What is CanadaBis Capital Accounts Payable & Accrued Expense?

CanadaBis Capital's quarterly accounts payable & accrued expense declined from Jul. 2023 (C$8.29 Mil) to Oct. 2023 (C$8.24 Mil) but then increased from Oct. 2023 (C$8.24 Mil) to Jan. 2024 (C$8.58 Mil).

CanadaBis Capital's annual accounts payable & accrued expense increased from Jul. 2021 (C$2.97 Mil) to Jul. 2022 (C$4.99 Mil) and increased from Jul. 2022 (C$4.99 Mil) to Jul. 2023 (C$8.29 Mil).

CanadaBis Capital Accounts Payable & Accrued Expense Historical Data

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

CanadaBis Capital Annual Data

Trend

Nov16

Dec17

Dec18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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0.61

3.03

2.97

4.99

8.29

CanadaBis Capital Quarterly Data
	Mar19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7.40	8.03	8.29	8.24	8.58

CanadaBis Capital 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.

CanadaBis Capital (TSXV:CANB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CanadaBis Capital Inc (TSXV:CANB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CNADF:USA

Address

PO Box 850, Rocky Mountain House, AB, CAN, T4T 1A6

Website

https://www.canadabis.com

CanadaBis Capital Inc is a vertically-integrated cannabis company. The firm engages in the production and sale of recreational cannabis. Its product line consists of Stigma Roots. It operates in three segments: wholesale, retail, and extraction and tolling. The wholesale segment cultivates and distributes cannabis and cannabis products to and through, provincial liquor and cannabis boards. Retail segment involves sale of cannabis and cannabis-related products to end consumers on-premise owned and operated by the Company. Extraction and tolling segment provides cannabinoid extraction services to other licensed producers. The company generates maximum of its revenue from Extraction and tolling.

Executives

Garfield Richards

Senior Officer