Indigenous Bloom Hemp (XCNQ:IBH) Accounts Payable & Accrued Expense : C$2.62 Mil (As of Feb. 2023)

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What is Indigenous Bloom Hemp Accounts Payable & Accrued Expense?

Indigenous Bloom Hemp's quarterly accounts payable & accrued expense increased from May. 2022 (C$2.07 Mil) to Aug. 2022 (C$2.48 Mil) and increased from Aug. 2022 (C$2.48 Mil) to Feb. 2023 (C$2.62 Mil).

Indigenous Bloom Hemp's annual accounts payable & accrued expense increased from Apr. 2020 (C$0.89 Mil) to Apr. 2021 (C$1.20 Mil) and increased from Apr. 2021 (C$1.20 Mil) to May. 2022 (C$2.07 Mil).

Indigenous Bloom Hemp Accounts Payable & Accrued Expense Historical Data

The historical data trend for Indigenous Bloom Hemp'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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Indigenous Bloom Hemp Accounts Payable & Accrued Expense Chart

Indigenous Bloom Hemp Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

May22

Accounts Payable & Accrued Expense

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0.25

1.22

0.89

1.20

2.07

Indigenous Bloom Hemp Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Nov21	Feb22	May22	Aug22	Feb23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.24	2.11	2.07	2.48	2.62

Indigenous Bloom Hemp 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.

Indigenous Bloom Hemp (XCNQ:IBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Indigenous Bloom Hemp Corp (XCNQ:IBH) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

VRTHF:USA

Address

3200-650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7

Website

https://www.indigenousbloomcorporate.com

Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts. It is engaged in the farming and cultivation of hemp biomass for third-party processing to extract cannabidiol (CBD) oils, distillate or isolate. The resulting solution can then be used for the production of many CBD products.

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