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Maven Brands (XCNQ:MJ) Accounts Payable & Accrued Expense : C$0.75 Mil (As of Dec. 2022)


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What is Maven Brands Accounts Payable & Accrued Expense?

Maven Brands's quarterly accounts payable & accrued expense increased from Jun. 2022 (C$0.81 Mil) to Sep. 2022 (C$1.17 Mil) but then declined from Sep. 2022 (C$1.17 Mil) to Dec. 2022 (C$0.75 Mil).

Maven Brands's annual accounts payable & accrued expense declined from Mar. 2020 (C$1.97 Mil) to Mar. 2021 (C$0.51 Mil) and declined from Mar. 2021 (C$0.51 Mil) to Mar. 2022 (C$0.43 Mil).

Maven Brands Accounts Payable & Accrued Expense Historical Data

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

Maven Brands Annual Data
Trend Dec14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 1.05 1.66 1.97 0.51 0.43

Maven Brands Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.43 0.81 1.17 0.75

Maven Brands 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.

Maven Brands (XCNQ:MJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Maven Brands Inc (XCNQ:MJ) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
100 Kalamalka Lake Road, Unit 32, Vernon, BC, CAN, V1T 9G1
Website
https://www.mavenbrands.ca
Maven Brands Inc is a licensed producer of medicinal cannabis for the Canadian market under Canada's Marihuana for Medical Purposes Regulations program administered by Health Canada. The company is launching an innovative services program to provide seed-to-shelf solutions for cannabis micro-cultivators and small-scale producers across Canada. Its services will be designed to support craft growers on a path to the regulated market and will operate from the True Leaf Campus facility located in Lumby, British Columbia.