MariMed (XCNQ:MRMD) Accounts Payable & Accrued Expense : C$42.2 Mil (As of Mar. 2024)

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What is MariMed Accounts Payable & Accrued Expense?

MariMed's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$37.7 Mil) to Dec. 2023 (C$36.2 Mil) but then increased from Dec. 2023 (C$36.2 Mil) to Mar. 2024 (C$42.2 Mil).

MariMed's annual accounts payable & accrued expense declined from Dec. 2021 (C$31.6 Mil) to Dec. 2022 (C$28.8 Mil) but then increased from Dec. 2022 (C$28.8 Mil) to Dec. 2023 (C$36.2 Mil).

MariMed Accounts Payable & Accrued Expense Historical Data

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

MariMed Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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15.24

13.93

31.64

28.81

36.20

MariMed Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															22.33	27.89	37.69	36.20	42.15

MariMed 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.

MariMed (XCNQ:MRMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » MariMed Inc (XCNQ:MRMD) » Definitions » Accounts Payable & Accrued Expense

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MRMD:USA

Address

10 Oceana Way, Floor 2, Norwood, MA, USA, 02062

Website

https://www.marimedinc.com

MariMed Inc is a multi-state operator in the United States cannabis industry. It develops, operates, manages, and optimizes regulatory-compliant facilities for the cultivation, production, and dispensing of medical and adult-use cannabis. MariMed also licenses its proprietary brands of cannabis products along with other top brands in domestic markets Sources of revenue are comprised of Product sales (retail and wholesale), Real estate rental income, Supply procurement, Management fees, and Licensing fees.

Executives