Invictus MD Strategies (Invictus MD Strategies) Accounts Payable & Accrued Expense : $7.50 Mil (As of Oct. 2019)

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What is Invictus MD Strategies Accounts Payable & Accrued Expense?

Invictus MD Strategies's quarterly accounts payable & accrued expense increased from Apr. 2019 ($3.03 Mil) to Jul. 2019 ($3.53 Mil) and increased from Jul. 2019 ($3.53 Mil) to Oct. 2019 ($7.50 Mil).

Invictus MD Strategies's annual accounts payable & accrued expense increased from Jan. 2017 ($0.25 Mil) to Jan. 2018 ($1.63 Mil) and increased from Jan. 2018 ($1.63 Mil) to Jan. 2019 ($3.66 Mil).

Invictus MD Strategies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Invictus MD Strategies'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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Invictus MD Strategies Accounts Payable & Accrued Expense Chart

Invictus MD Strategies Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Accounts Payable & Accrued Expense

0.10

0.81

0.25

1.63

3.66

Invictus MD Strategies Quarterly Data
	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.46	3.66	3.03	3.53	7.50

Invictus MD Strategies 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.

Invictus MD Strategies (Invictus MD Strategies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Invictus MD Strategies Corp (OTCPK:IVITF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

595 Burrard Street, 16th floor, Vancouver, BC, CAN, V7X 1J1

Website

http://www.invictus-md.com

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.