Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Accounts Payable & Accrued Expense : $1.16 Mil (As of May. 2020)

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What is Ventura Cannabis and Wellness Accounts Payable & Accrued Expense?

Ventura Cannabis and Wellness's quarterly accounts payable & accrued expense declined from Nov. 2019 ($3.19 Mil) to Feb. 2020 ($1.91 Mil) and declined from Feb. 2020 ($1.91 Mil) to May. 2020 ($1.16 Mil).

Ventura Cannabis and Wellness's annual accounts payable & accrued expense declined from Feb. 2018 ($7.74 Mil) to Feb. 2019 ($5.72 Mil) and declined from Feb. 2019 ($5.72 Mil) to Feb. 2020 ($1.91 Mil).

Ventura Cannabis and Wellness Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ventura Cannabis and Wellness'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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Ventura Cannabis and Wellness Accounts Payable & Accrued Expense Chart

Ventura Cannabis and Wellness Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Nov14

Nov15

Feb17

Feb18

Feb19

Feb20

Accounts Payable & Accrued Expense

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2.46

3.26

7.74

5.72

1.91

Ventura Cannabis and Wellness Quarterly Data
	May15	Aug15	Nov15	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.88	3.58	3.19	1.91	1.16

Ventura Cannabis and Wellness 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.

Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ventura Cannabis and Wellness Corp (OTCPK:CVHIF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 W. 6th St, Suite 1415, Los Angeles, CA, USA, 90017

Website

http://www.venturacanna.com

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction. These segments desire discrete and well-designed products as well as the accurate dosage of THC.