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Winc (WBEVQ) Accounts Payable & Accrued Expense : $10.99 Mil (As of Sep. 2022)


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What is Winc Accounts Payable & Accrued Expense?

Winc's quarterly accounts payable & accrued expense declined from Mar. 2022 ($10.09 Mil) to Jun. 2022 ($9.90 Mil) but then increased from Jun. 2022 ($9.90 Mil) to Sep. 2022 ($10.99 Mil).

Winc's annual accounts payable & accrued expense increased from Dec. 2019 ($6.31 Mil) to Dec. 2020 ($8.43 Mil) and increased from Dec. 2020 ($8.43 Mil) to Dec. 2021 ($10.80 Mil).


Winc Accounts Payable & Accrued Expense Historical Data

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

Winc Annual Data
Trend Dec19 Dec20 Dec21
Accounts Payable & Accrued Expense
6.31 8.43 10.80

Winc Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 11.62 10.80 10.09 9.90 10.99

Winc 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.


Winc (WBEVQ) Business Description

Traded in Other Exchanges
N/A
Address
1751 Berkeley Street, Studio 3, Santa Monica, CA, USA, 90404
Winc Inc is a wine company in the United States. It has a direct-to-consumer model, which involves the company bottling, labeling, and distributing wine under its own winery license. It also features wines at select retailers and restaurants nationwide. It sources from vineyards and works with winemakers and ships all wine, domestic and international, in bulk containers to a centralized winemaking and bottling facility on California's Central Coast.
Executives
Deer Vii & Co. L.p. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVE, LARCHMONT NY 10538
Wahoowa Ventures Llc 10 percent owner 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Alesia Lee Pinney director AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Goblue Ventures Llc 10 percent owner 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Brian Patrick Smith director, 10 percent owner, officer: President C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Carol Brault officer: Chief Financial Officer C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Erin K Green officer: Chief Operating Officer C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Xiangwei Weng director C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Laura Joukovski director C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Thelen Matthew Jonathan Alan officer: See Remarks C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Geoffrey Mcfarlane director, 10 percent owner, officer: Chief Executive Officer C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
15 Angels Ii Llc 10 percent owner 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Patrick M Delong director 1222 ARROYO SARCO, NAPA CA 94558
Deer Viii & Co. Ltd. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, LARCHMONT NY 10538
Deer Viii & Co. L.p. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, LARCHMONT NY 10538