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1CM (XCNQ:EPIC) Accounts Payable & Accrued Expense : C$2.14 Mil (As of Nov. 2023)


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What is 1CM Accounts Payable & Accrued Expense?

1CM's quarterly accounts payable & accrued expense declined from May. 2023 (C$3.56 Mil) to Aug. 2023 (C$2.21 Mil) and declined from Aug. 2023 (C$2.21 Mil) to Nov. 2023 (C$2.14 Mil).

1CM's annual accounts payable & accrued expense declined from Aug. 2021 (C$0.91 Mil) to Aug. 2022 (C$0.82 Mil) but then increased from Aug. 2022 (C$0.82 Mil) to Aug. 2023 (C$2.21 Mil).


1CM Accounts Payable & Accrued Expense Historical Data

The historical data trend for 1CM'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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1CM Accounts Payable & Accrued Expense Chart

1CM Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.78 0.91 0.82 2.21

1CM Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 May23 Aug23 Nov23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.92 3.56 2.21 2.14

1CM 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.


1CM (XCNQ:EPIC) Business Description

Industry
Traded in Other Exchanges
Address
625 Cochrane Drive, Suite 802, Markham, ON, CAN, L3R9R9
1CM Inc is a multi-jurisdictional cannabis company focused on it's retail customers and technology to democratize cannabis markets. The Company is focuses on expanding its current operations through organic growth and by way of merger and acquisition transactions.

1CM (XCNQ:EPIC) Headlines

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