Little Green Pharma (ASX:LGP) Accounts Payable & Accrued Expense : A$3.28 Mil (As of Sep. 2023)

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What is Little Green Pharma Accounts Payable & Accrued Expense?

Little Green Pharma's quarterly accounts payable & accrued expense declined from Dec. 2021 (A$5.11 Mil) to Mar. 2023 (A$3.36 Mil) and declined from Mar. 2023 (A$3.36 Mil) to Sep. 2023 (A$3.28 Mil).

Little Green Pharma's annual accounts payable & accrued expense increased from Jun. 2020 (A$2.09 Mil) to Jun. 2021 (A$3.49 Mil) but then declined from Jun. 2021 (A$3.49 Mil) to Mar. 2023 (A$3.36 Mil).

Little Green Pharma Accounts Payable & Accrued Expense Historical Data

The historical data trend for Little Green Pharma'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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Little Green Pharma Accounts Payable & Accrued Expense Chart

Little Green Pharma Annual Data

Trend

Jun19

Jun20

Jun21

Mar23

Accounts Payable & Accrued Expense

1.31

2.09

3.49

3.36

Little Green Pharma Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			1.68	3.49	5.11	3.36	3.28

Little Green Pharma 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.

Little Green Pharma (ASX:LGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Little Green Pharma Ltd (ASX:LGP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 Kings Park Road, Level 2, Suite 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.littlegreenpharma.com

Little Green Pharma Ltd is engaged in the vertically integrated medicinal cannabis business. The business activities of the company include cultivation, production, research and development, manufacturing, and distribution of medicinal cannabis products. The company's two key types of products available at Little Green Pharma are oils (which are ingested) and flowers (which are usually inhaled through vaporizing). The company offers LGP-branded medicinal cannabis oil products in the Australian and European markets.

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