Lifeist Wellness (TSXV:LFST) Accounts Payable & Accrued Expense : C$2.45 Mil (As of Aug. 2024)

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What is Lifeist Wellness Accounts Payable & Accrued Expense?

Lifeist Wellness's quarterly accounts payable & accrued expense declined from Feb. 2024 (C$10.87 Mil) to May. 2024 (C$8.80 Mil) and declined from May. 2024 (C$8.80 Mil) to Aug. 2024 (C$2.45 Mil).

Lifeist Wellness's annual accounts payable & accrued expense declined from Nov. 2021 (C$8.48 Mil) to Nov. 2022 (C$6.19 Mil) but then increased from Nov. 2022 (C$6.19 Mil) to Nov. 2023 (C$8.45 Mil).

Lifeist Wellness Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lifeist 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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Lifeist Wellness Accounts Payable & Accrued Expense Chart

Lifeist Wellness Annual Data

Trend

Mar14

Mar15

Aug16

Aug17

Aug18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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7.09

8.10

8.48

6.19

8.45

Lifeist Wellness Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6.66	8.45	10.87	8.80	2.45

Lifeist 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.

Lifeist Wellness Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lifeist Wellness Inc (TSXV:LFST) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

LFSWF:USA M5B0:Germany

Address

18 Canso Road, Etobicoke, Toronto, ON, CAN, M9W 4L8

Website

https://www.lifeist.com

Lifeist Wellness Inc is a portfolio wellness company leveraging advancements in science and technology. Its portfolio of brands includes; CannMart Inc, a distributor of licensed and in-house branded adult-use cannabis and cannabis-derived products in Canada; CannMart Marketplace Inc operates CannMart.com, an online marketplace for hemp-derived CBD and accessories in the U.S.; CannMart Labs Inc, licensed facility for BHO (butane hash oil) extraction within Canada; Zest Brand, liquid Diamond vape formulations; Australian Vapes online supplier of hardware, including vaporizers, and related accessories and Mikra, a biosciences and consumer wellness company. The firm generates a majority of its revenue from the operations of CannMart.

Executives