Industrias BachocoB de CV (Industrias BachocoB de CV) Accounts Payable & Accrued Expense : $647 Mil (As of Sep. 2023)

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What is Industrias BachocoB de CV Accounts Payable & Accrued Expense?

Industrias BachocoB de CV's quarterly accounts payable & accrued expense increased from Mar. 2023 ($476 Mil) to Jun. 2023 ($591 Mil) and increased from Jun. 2023 ($591 Mil) to Sep. 2023 ($647 Mil).

Industrias BachocoB de CV's annual accounts payable & accrued expense increased from Dec. 2020 ($318 Mil) to Dec. 2021 ($482 Mil) but then declined from Dec. 2021 ($482 Mil) to Dec. 2022 ($481 Mil).

Industrias BachocoB de CV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Industrias BachocoB de CV'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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Industrias BachocoB de CV Accounts Payable & Accrued Expense Chart

Industrias BachocoB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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267.88

262.67

318.26

481.83

480.97

Industrias BachocoB de CV Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															430.05	480.97	475.87	591.35	646.69

Industrias BachocoB de CV 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.

Industrias BachocoB de CV (Industrias BachocoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Industrias Bachoco SAB de CV (OTCPK:IBAAY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

BACHOCOB:Mexico

Address

Avenida Tecnologico 401, Ciudad Industrial, Celaya, GTO, MEX, 38010

Website

https://www.bachoco.com.mx

Industrias Bachoco SAB de CV produces, processes, markets, and sells poultry (chicken and eggs) in both Mexico and the United States. Additionally, it sells feed, swine, beef, turkey, and other products on a smaller scale. The company's poultry business begins with purchasing infant birds and raising the birds to maturity. Industrias Bachoco operates its own feed mills to produce balanced feed for internal use, and to sell to third parties. Several production facilities and distribution centers are located throughout Mexico and the United States to minimize transportation costs, and the company sells through wholesalers, supermarkets, retail, and other niche marketing channels. It generates the majority of its revenue from the Poultry segment.