CBGL (Cannabis Global) Accounts Payable: $0.72 Mil (As of May. 2022)


What is Cannabis Global Accounts Payable?

Cannabis Global CBGL Accounts Payable is $0.72 Mil as of May. 2022.

Cannabis Global's Accounts Payable for the quarter that ended in May. 2022 was $0.72 Mil.

Cannabis Global's quarterly Accounts Payable increased from Nov. 2021 ($0.74 Mil) to Feb. 2022 ($0.74 Mil) but then declined from Feb. 2022 ($0.74 Mil) to May. 2022 ($0.72 Mil).

Cannabis Global's annual Accounts Payable increased from Aug. 2019 ($0.09 Mil) to Aug. 2020 ($0.23 Mil) and increased from Aug. 2020 ($0.23 Mil) to Aug. 2021 ($0.73 Mil).

Cannabis Global Accounts Payable Related Terms

Cannabis Global Accounts Payable Historical Data

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The historical data trend for Cannabis Global's Accounts Payable 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.

Cannabis Global Accounts Payable Chart

Cannabis Global Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.01 0.09 0.23 0.73

Cannabis Global Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Accounts Payable 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 0.62 0.73 0.74 0.74 0.72

Cannabis Global Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $0.72 Mil mean?
Cannabis Global (CBGL) has a Accounts Payable of $0.72 Mil as of May. 2022. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Cannabis Global and its competitors.
Is Cannabis Global's Accounts Payable too high?
Cannabis Global's current Accounts Payable is $0.72 Mil.
How does Cannabis Global's Accounts Payable compare to MILC and BBBT?
Cannabis Global's Accounts Payable of $0.72 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Drug Manufacturers company?
A good Accounts Payable depends on the Drug Manufacturers industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Cannabis Global and its competitors. Cannabis Global's current Accounts Payable is $0.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabis Global stock overvalued right now?
Cannabis Global (CBGL) has a current Accounts Payable of $0.72 Mil. The current Accounts Payable is $0.72 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Cannabis Global (CBGL), the current Accounts Payable is $0.72 Mil as of May. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cannabis Global Business Description

Address 520 S Grand Avenue, Suite 320, Los Angeles, CA, USA, 90071
Cannabis Global Inc manufactures and distributes various cannabis products via its majority ownership of Natural Plant Extract, Inc is developing the Ethos Comply Bag, and generally conducts research and development in the areas of hemp, cannabis and consumer food goods. The company also have an active research and development program focused on creating and commercializing engineered technologies that deliver hemp extracts and cannabinoids to the human body. Its product includes cannabis flower packaged in various weights, cannabis Pre-rolls, cannabis edible products.