Steep Hill (XCNQ:STPH) Accounts Payable & Accrued Expense : C$1.09 Mil (As of Dec. 2023)

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What is Steep Hill Accounts Payable & Accrued Expense?

Steep Hill's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$0.20 Mil) to Sep. 2023 (C$0.33 Mil) and increased from Sep. 2023 (C$0.33 Mil) to Dec. 2023 (C$1.09 Mil).

Steep Hill's annual accounts payable & accrued expense increased from Dec. 2021 (C$1.01 Mil) to Dec. 2022 (C$1.81 Mil) but then declined from Dec. 2022 (C$1.81 Mil) to Dec. 2023 (C$1.09 Mil).

Steep Hill Accounts Payable & Accrued Expense Historical Data

The historical data trend for Steep Hill'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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Steep Hill Accounts Payable & Accrued Expense Chart

Steep Hill Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.22

0.11

1.01

1.81

1.09

Steep Hill Quarterly Data
	Sep19	Dec19	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													1.81	0.24	0.20	0.33	1.09

Steep Hill 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.

Steep Hill (XCNQ:STPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Steep Hill Inc (XCNQ:STPH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1

Website

https://www.steephill.com

Steep Hill Inc is a science and technology health and wellness company focused on the hemp markets inclusive of plant-based, psychedelic pharmaceutical and non-psychedelic nutraceutical, and hemp cannabinoids (CBD) verticals. Currently the company, through its subsidiaries holds three industrial hemp licences for the purposes of supplying the global market with medicinal and wellness cannabidiol and other cannabinoid-based products.

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