The Good Shroom Co (The Good Shroom Co) Accounts Payable & Accrued Expense : $0.75 Mil (As of Jan. 2024)

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What is The Good Shroom Co Accounts Payable & Accrued Expense?

The Good Shroom Co's quarterly accounts payable & accrued expense increased from Jul. 2023 ($0.68 Mil) to Oct. 2023 ($0.96 Mil) but then declined from Oct. 2023 ($0.96 Mil) to Jan. 2024 ($0.75 Mil).

The Good Shroom Co's annual accounts payable & accrued expense increased from Jul. 2021 ($0.17 Mil) to Jul. 2022 ($0.51 Mil) and increased from Jul. 2022 ($0.51 Mil) to Jul. 2023 ($0.68 Mil).

The Good Shroom Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for The Good Shroom Co'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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The Good Shroom Co Accounts Payable & Accrued Expense Chart

The Good Shroom Co Annual Data

Trend

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

0.17

0.51

0.68

The Good Shroom Co Quarterly Data
	Mar20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								0.67	0.56	0.68	0.96	0.75

The Good Shroom Co 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.

The Good Shroom Co (The Good Shroom Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » The Good Shroom Co Inc (OTCPK:TGSHF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MUSH:Canada

Address

324 Marie-Curie, Vaudreuil, QC, CAN, J7V 5V5

Website

https://www.thegoodshroom.co

The Good Shroom Co Inc operates a portfolio of brands that include traditional cannabis and beverage products. The company exists to promote the use of mushrooms through its brands; The Teo Nan brand is a functional mushroom beverage range serving the American and Canadian wellness market via DTC and retail; The Nordique Royale is a premium quality hash; and The Velada brand is a range of CBD-infused functional mushroom beverages serving the Canadian legal cannabis market.

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