GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Odd Burger Corp (TSXV:ODD) » Definitions » Accounts Payable & Accrued Expense

Odd Burger (TSXV:ODD) Accounts Payable & Accrued Expense : C$2.59 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Odd Burger Accounts Payable & Accrued Expense?

Odd Burger's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$2.20 Mil) to Sep. 2023 (C$2.69 Mil) but then declined from Sep. 2023 (C$2.69 Mil) to Dec. 2023 (C$2.59 Mil).

Odd Burger's annual accounts payable & accrued expense declined from Sep. 2021 (C$1.59 Mil) to Sep. 2022 (C$1.51 Mil) but then increased from Sep. 2022 (C$1.51 Mil) to Sep. 2023 (C$2.69 Mil).


Odd Burger Accounts Payable & Accrued Expense Historical Data

The historical data trend for Odd Burger'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.

* Premium members only.

Odd Burger Accounts Payable & Accrued Expense Chart

Odd Burger Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Accounts Payable & Accrued Expense
0.17 1.59 1.51 2.69

Odd Burger Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.89 1.91 2.20 2.69 2.59

Odd Burger 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.


Odd Burger (TSXV:ODD) Business Description

Industry
Traded in Other Exchanges
Address
505 Consortium Court, London, ON, CAN, N6E 2S8
Odd Burger Corp is a plant-based food technology company that manufactures and distributes plant-based protein and dairy alternatives using locally sourced and sustainable ingredients. It distributes its products through a proprietary food service line to company-owned and franchised fast-food restaurant locations. Its restaurant locations operate as smart kitchens, which use state-of-the-art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. The company operates a manufacturing facility and has restaurant locations in Canada.