Grounded People Apparel (XCNQ:SHOE) Accounts Payable & Accrued Expense : C$0.53 Mil (As of Aug. 2024)

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What is Grounded People Apparel Accounts Payable & Accrued Expense?

Grounded People Apparel's quarterly accounts payable & accrued expense declined from Feb. 2024 (C$0.55 Mil) to May. 2024 (C$0.46 Mil) but then increased from May. 2024 (C$0.46 Mil) to Aug. 2024 (C$0.53 Mil).

Grounded People Apparel's annual accounts payable & accrued expense increased from . 20 (C$0.00 Mil) to Feb. 2023 (C$0.23 Mil) and increased from Feb. 2023 (C$0.23 Mil) to Feb. 2024 (C$0.55 Mil).

Grounded People Apparel Accounts Payable & Accrued Expense Historical Data

The historical data trend for Grounded People Apparel'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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Grounded People Apparel Accounts Payable & Accrued Expense Chart

Grounded People Apparel Annual Data

Trend

Feb23

Feb24

Accounts Payable & Accrued Expense

0.23

0.55

Grounded People Apparel Quarterly Data
	Aug21	Nov21	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						0.36	0.54	0.55	0.46	0.53

Grounded People Apparel 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.

Grounded People Apparel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Grounded People Apparel Inc (XCNQ:SHOE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

K1G:Germany

Address

800 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5

Website

https://www.groundedpeople.com

Grounded People Apparel Inc is primarily engaged in the business of fair trade, sustainable and earth-conscious fashion. The Company's initial focus is on the design and production of shoes, and more specifically, high-top and low-cut canvassed sneakers.

Executives

Geoffrey Balderson

Director, Senior Officer

Grounded People Apparel Headlines

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