MTL Cannabis (STU:J4E) Accounts Payable & Accrued Expense : €10.74 Mil (As of Sep. 2023)

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What is MTL Cannabis Accounts Payable & Accrued Expense?

MTL Cannabis's quarterly accounts payable & accrued expense increased from Mar. 2023 (€6.83 Mil) to Jun. 2023 (€9.03 Mil) and increased from Jun. 2023 (€9.03 Mil) to Sep. 2023 (€10.74 Mil).

MTL Cannabis's annual accounts payable & accrued expense increased from Mar. 2021 (€3.58 Mil) to Mar. 2022 (€5.93 Mil) and increased from Mar. 2022 (€5.93 Mil) to Mar. 2023 (€6.83 Mil).

MTL Cannabis Accounts Payable & Accrued Expense Historical Data

The historical data trend for MTL 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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MTL Cannabis Accounts Payable & Accrued Expense Chart

MTL Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

3.58

5.93

6.83

MTL Cannabis Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	6.83	9.03	10.74	-

MTL 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.

MTL Cannabis (STU:J4E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » MTL Cannabis Corp (STU:J4E) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

J4E:Germany MTLC:Canada

Address

1773 Bayly Street, Pickering, ON, CAN, L1W 2Y7

Website

https://www.mtlcannabis.ca

MTL Cannabis Corp is a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly crafted for the masses. The company focuses on craft quality cannabis products, including lines of dried flower, pre-rolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis.

MTL Cannabis (STU:J4E) Headlines

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