1933 Industries (XCNQ:TGIF) Accounts Payable & Accrued Expense : C$5.51 Mil (As of Jan. 2024)

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What is 1933 Industries Accounts Payable & Accrued Expense?

1933 Industries's quarterly accounts payable & accrued expense increased from Jul. 2023 (C$5.71 Mil) to Oct. 2023 (C$6.04 Mil) but then declined from Oct. 2023 (C$6.04 Mil) to Jan. 2024 (C$5.51 Mil).

1933 Industries's annual accounts payable & accrued expense increased from Jul. 2021 (C$1.87 Mil) to Jul. 2022 (C$3.81 Mil) and increased from Jul. 2022 (C$3.81 Mil) to Jul. 2023 (C$5.71 Mil).

1933 Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for 1933 Industries'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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1933 Industries Accounts Payable & Accrued Expense Chart

1933 Industries Annual Data

Trend

Dec14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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1.38

1.39

1.87

3.81

5.71

1933 Industries Quarterly Data
	Apr19	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															3.74	4.31	5.71	6.04	5.51

1933 Industries 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.

1933 Industries (XCNQ:TGIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » 1933 Industries Inc (XCNQ:TGIF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TGIFF:USA

Address

1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

https://www.1933industries.com

1933 Industries Inc is a vertically integrated cannabis company. The company is focused on the cultivation and manufacturing of cannabis consumer-branded goods. The Company operates in three segments, referred to as AMA, Infused MFG, and Corporate. AMA is focused on the cultivation and sale of medical and adult-use cannabis products, and Infused MFG is focused on the manufacturing of hemp-derived CBD products. The majority of revenue is generated from the AMA segment. The operations of AMA and Infused MFG are located in the United States. All revenues are earned in the United States.

Executives

Curtis Floyd

Director