Global Health Clinics (XCNQ:MJRX) Accounts Payable & Accrued Expense : C$1.50 Mil (As of Jan. 2024)

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What is Global Health Clinics Accounts Payable & Accrued Expense?

Global Health Clinics's quarterly accounts payable & accrued expense increased from Jul. 2023 (C$1.30 Mil) to Oct. 2023 (C$1.37 Mil) and increased from Oct. 2023 (C$1.37 Mil) to Jan. 2024 (C$1.50 Mil).

Global Health Clinics's annual accounts payable & accrued expense declined from Jul. 2021 (C$0.98 Mil) to Jul. 2022 (C$0.78 Mil) but then increased from Jul. 2022 (C$0.78 Mil) to Jul. 2023 (C$1.30 Mil).

Global Health Clinics Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global Health Clinics'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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Global Health Clinics Accounts Payable & Accrued Expense Chart

Global Health Clinics Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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0.35

0.47

0.98

0.78

1.30

Global Health Clinics 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															1.00	1.18	1.30	1.37	1.50

Global Health Clinics 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.

Global Health Clinics (XCNQ:MJRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Global Health Clinics Ltd (XCNQ:MJRX) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

L00:Germany

Address

837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6

Website

https://www.globalhealthltd.ca

Global Health Clinics Ltd engages in the cannabis industry and operates medical clinics which guide patients through the process of becoming legal users of marijuana and also engages in developing psilocybin products for research and their potential usage for pharmaceutical purposes. The Company operates in two operating segments the operating of medical clinics to guide patients to become legal users of marijuana and the development of psilocybin products for research and potential usage for pharmaceutical purposes. The Company derives its key revenue from Medical Clinics for legal user of Marijuana.

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