HEXO (TSX:HEXO) Accounts Payable & Accrued Expense

: C$46.2 Mil (As of Apr. 2023)

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HEXO's quarterly accounts payable & accrued expense declined from Oct. 2022 (C$47.0 Mil) to Jan. 2023 (C$41.2 Mil) but then increased from Jan. 2023 (C$41.2 Mil) to Apr. 2023 (C$46.2 Mil).

HEXO's annual accounts payable & accrued expense increased from Jul. 2020 (C$39.6 Mil) to Jul. 2021 (C$70.1 Mil) and increased from Jul. 2021 (C$70.1 Mil) to Jul. 2022 (C$79.0 Mil).

HEXO Accounts Payable & Accrued Expense Historical Data

The historical data trend for HEXO'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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HEXO Annual Data

Trend

Sep14

Sep15

Sep16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Accounts Payable & Accrued Expense

9.00

49.08

39.57

70.15

79.00

HEXO Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
Accounts Payable & Accrued Expense																67.43	79.00	46.99	41.25	46.21

HEXO 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.

HEXO (TSX:HEXO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » HEXO Corp (TSX:HEXO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 de la Rive Road, Gatineau, QC, CAN, J8M 1V2

Website

https://www.hexocorp.com

HEXO Corp is engaged in producing and selling cannabis and cannabis products. The company is focused on smoke-free and traditional cannabis products. The firm's products include dried flowers, oils, and vapes. It generates its revenue from various sources such as Beverage Based Adult-Use Sales, Medical, Wholesale and International sales.

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