Acreage Holdings (XCNQ:ACRG.A.U) Accounts Payable & Accrued Expense : $46.4 Mil (As of Mar. 2024)

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What is Acreage Holdings Accounts Payable & Accrued Expense?

Acreage Holdings's quarterly accounts payable & accrued expense declined from Sep. 2023 ($81.6 Mil) to Dec. 2023 ($46.9 Mil) and declined from Dec. 2023 ($46.9 Mil) to Mar. 2024 ($46.4 Mil).

Acreage Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($49.9 Mil) to Dec. 2022 ($56.4 Mil) but then declined from Dec. 2022 ($56.4 Mil) to Dec. 2023 ($46.9 Mil).

Acreage Holdings Accounts Payable & Accrued Expense Historical Data

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

Acreage Holdings Annual Data

Trend

Aug17

Aug18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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37.49

37.20

49.87

56.37

46.87

Acreage Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															60.59	67.86	81.55	46.87	46.40

Acreage Holdings 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.

Acreage Holdings (XCNQ:ACRG.A.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Acreage Holdings Inc (XCNQ:ACRG.A.U) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ACRHF:USA ACRDF:USA 0VZ1:Germany ACRG.B.U:Canada

Address

450 Lexington Avenue, Suite 3308, New York, NY, USA, 10163

Website

https://www.acreageholdings.com

Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing, and retailing cannabis. The Company derives its revenues from its retail dispensary business, where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest, West, and South. The Company operates under one operating segment, which is: the production and sale of cannabis products.

Acreage Holdings (XCNQ:ACRG.A.U) Headlines

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