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Cann Group (ASX:CAN) Accounts Payable & Accrued Expense : A$5.48 Mil (As of Dec. 2024)


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What is Cann Group Accounts Payable & Accrued Expense?

Cann Group's quarterly accounts payable & accrued expense declined from Dec. 2023 (A$6.59 Mil) to Jun. 2024 (A$5.44 Mil) but then increased from Jun. 2024 (A$5.44 Mil) to Dec. 2024 (A$5.48 Mil).

Cann Group's annual accounts payable & accrued expense increased from Jun. 2022 (A$6.52 Mil) to Jun. 2023 (A$7.85 Mil) but then declined from Jun. 2023 (A$7.85 Mil) to Jun. 2024 (A$5.44 Mil).

Cann Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cann Group'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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Cann Group Accounts Payable & Accrued Expense Chart

Cann Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 6.01 8.33 6.52 7.85 5.44

Cann Group Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.40 7.85 6.59 5.44 5.48

Cann Group 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.

Cann Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cann Group Ltd (ASX:CAN) » Definitions » Accounts Payable & Accrued Expense
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CNGGF:USA
Address
262-276 Lorimer Street, Ground Floor, Port Melbourne, VIC, AUS, 3207
Website
https://www.canngrouplimited.com
Cann Group Ltd is engaged in the cultivation of medicinal cannabis for both medicinal and research purposes under the licenses and permits issued to the company, the development and manufacture (via third-party arrangements) of finished product formulations. Geographically, the company operates in Europe and Australia. The company derives maximum revenue from Australia.