RRSFF (Aretto Wellness) Accounts Payable: $1.23 Mil (As of Mar. 2023)

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What is Aretto Wellness Accounts Payable?

Aretto Wellness RRSFF Accounts Payable is $1.23 Mil as of Mar. 2023.

Aretto Wellness's Accounts Payable for the quarter that ended in Mar. 2023 was $1.23 Mil.

Aretto Wellness's quarterly Accounts Payable declined from Sep. 2022 ($1.25 Mil) to Dec. 2022 ($1.19 Mil) but then increased from Dec. 2022 ($1.19 Mil) to Mar. 2023 ($1.23 Mil).

Aretto Wellness's annual Accounts Payable increased from Jun. 2020 ($0.05 Mil) to Jun. 2021 ($0.36 Mil) and increased from Jun. 2021 ($0.36 Mil) to Jun. 2022 ($1.23 Mil).

Aretto Wellness Accounts Payable Related Terms

Aretto Wellness Accounts Payable Historical Data

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The historical data trend for Aretto Wellness'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.

Aretto Wellness Accounts Payable Chart

Aretto Wellness Annual Data
Trend Jun19 Jun20 Jun21 Jun22
Accounts Payable
0.00 0.05 0.36 1.23

Aretto Wellness Quarterly Data
Jun19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.84 1.23 1.25 1.19 1.23

Aretto Wellness 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 $1.23 Mil mean?
Aretto Wellness (RRSFF) has a Accounts Payable of $1.23 Mil as of Mar. 2023. 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 Aretto Wellness and its competitors.
Is Aretto Wellness' Accounts Payable too high?
Aretto Wellness' current Accounts Payable is $1.23 Mil.
How does Aretto Wellness' Accounts Payable compare to KHC and GIS?
Aretto Wellness' Accounts Payable of $1.23 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Accounts Payable depends on the Consumer Packaged Goods 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 Aretto Wellness and its competitors. Aretto Wellness's current Accounts Payable is $1.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aretto Wellness stock overvalued right now?
Aretto Wellness (RRSFF) has a current Accounts Payable of $1.23 Mil. The current Accounts Payable is $1.23 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 Aretto Wellness (RRSFF), the current Accounts Payable is $1.23 Mil as of Mar. 2023. 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.

Aretto Wellness Business Description

Address 151 West Hastings Street, Vancouver, BC, CAN, V6B 1H4
Aretto Wellness Inc was formed to serve the emerging and rapidly growing functional mushroom market and to promote holistic health and wellness. The company specializes in the formulation and distribution of plant-based products in small batches featuring functional mushrooms and adaptogen ingredients. It operates in one reportable business segment which is marketing and distribution of dietary supplements containing functional mushrooms.