Alliance Growers (FRA:1LA) Accounts Payable & Accrued Expense : €0.27 Mil (As of May. 2019)

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What is Alliance Growers Accounts Payable & Accrued Expense?

Alliance Growers's quarterly accounts payable & accrued expense increased from Nov. 2018 (€0.21 Mil) to Feb. 2019 (€0.24 Mil) and increased from Feb. 2019 (€0.24 Mil) to May. 2019 (€0.27 Mil).

Alliance Growers's annual accounts payable & accrued expense declined from Aug. 2016 (€0.23 Mil) to Aug. 2017 (€0.22 Mil) but then increased from Aug. 2017 (€0.22 Mil) to Aug. 2018 (€0.25 Mil).

Alliance Growers Accounts Payable & Accrued Expense Historical Data

The historical data trend for Alliance Growers'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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Alliance Growers Accounts Payable & Accrued Expense Chart

Alliance Growers Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Accounts Payable & Accrued Expense

0.01

0.09

0.23

0.22

0.25

Alliance Growers Quarterly Data
	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.17	0.25	0.21	0.24	0.27

Alliance Growers 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.

Alliance Growers (FRA:1LA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Alliance Growers Corp (FRA:1LA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6

Website

http://www.alliancegrowers.com

Alliance Growers Corp is a Canada based diversified cannabis company. It principally operates through the four key divisions namely, Cannabis Botany Centre, Strategic Access to Cannabis for Medical Purposes Regulations Investments, Cannabidiol Oil Supply and Distribution, and Research and Development. The company is primarily focused on the development of Cannabis Botany Centres in Canada.

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