Ascend Wellness Holdings (XCNQ:AAWH.U) Accounts Payable & Accrued Expense : $71.1 Mil (As of Dec. 2023)

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What is Ascend Wellness Holdings Accounts Payable & Accrued Expense?

Ascend Wellness Holdings's quarterly accounts payable & accrued expense increased from Jun. 2023 ($91.9 Mil) to Sep. 2023 ($114.5 Mil) but then declined from Sep. 2023 ($114.5 Mil) to Dec. 2023 ($71.1 Mil).

Ascend Wellness Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($81.6 Mil) to Dec. 2022 ($75.3 Mil) and declined from Dec. 2022 ($75.3 Mil) to Dec. 2023 ($71.1 Mil).

Ascend Wellness Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ascend Wellness Holdings'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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Ascend Wellness Holdings Accounts Payable & Accrued Expense Chart

Ascend Wellness Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

49.50

81.64

75.33

71.11

Ascend Wellness Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												75.33	84.34	91.91	114.52	71.11

Ascend Wellness Holdings 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.

Ascend Wellness Holdings (XCNQ:AAWH.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ascend Wellness Holdings Inc (XCNQ:AAWH.U) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AAWH:USA

Address

1411 Broadway, 16th Floor, New York, NY, USA, 10018

Website

https://www.awholdings.com

Ascend Wellness Holdings Inc is a vertically integrated multi-state operator focused on adult-use or near-term adult-use cannabis states in limited license markets. The company's core business is the cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which it sells through company-owned retail stores and third-party licensed cannabis retail stores. It generates maximum revenue from the retail product segment.

Ascend Wellness Holdings (XCNQ:AAWH.U) Headlines

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