Christina Lake Cannabis (Christina Lake Cannabis) Accounts Payable & Accrued Expense : $1.71 Mil (As of Nov. 2023)

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What is Christina Lake Cannabis Accounts Payable & Accrued Expense?

Christina Lake Cannabis's quarterly accounts payable & accrued expense declined from May. 2023 ($0.99 Mil) to Aug. 2023 ($0.83 Mil) but then increased from Aug. 2023 ($0.83 Mil) to Nov. 2023 ($1.71 Mil).

Christina Lake Cannabis's annual accounts payable & accrued expense increased from Nov. 2021 ($0.50 Mil) to Nov. 2022 ($0.90 Mil) and increased from Nov. 2022 ($0.90 Mil) to Nov. 2023 ($1.71 Mil).

Christina Lake Cannabis Accounts Payable & Accrued Expense Historical Data

The historical data trend for Christina Lake Cannabis'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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Christina Lake Cannabis Accounts Payable & Accrued Expense Chart

Christina Lake Cannabis Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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0.32

0.51

0.50

0.90

1.71

Christina Lake Cannabis Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.90	0.58	0.99	0.83	1.71

Christina Lake Cannabis 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.

Christina Lake Cannabis (Christina Lake Cannabis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Christina Lake Cannabis Corp (OTCPK:CLCFF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CLB:Germany CLC:Canada

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.christinalakecannabis.com

Christina Lake Cannabis Corp is a licensed producer of cannabis. The company cultivates cannabis using strains specifically developed for outdoor cultivation. It is a producer of high-quality, low-cost, sun-grown cannabis flower, oil cannabinoids and hemp-based extracts and derivatives, serving domestic and international markets.