GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Organto Foods Inc (OTCPK:OGOFF) » Definitions » Accounts Payable & Accrued Expense

Organto Foods (Organto Foods) Accounts Payable & Accrued Expense : $4.27 Mil (As of Sep. 2023)


View and export this data going back to . Start your Free Trial

What is Organto Foods Accounts Payable & Accrued Expense?

Organto Foods's quarterly accounts payable & accrued expense increased from Mar. 2023 ($5.14 Mil) to Jun. 2023 ($5.72 Mil) but then declined from Jun. 2023 ($5.72 Mil) to Sep. 2023 ($4.27 Mil).

Organto Foods's annual accounts payable & accrued expense increased from Dec. 2020 ($3.20 Mil) to Dec. 2021 ($4.45 Mil) but then declined from Dec. 2021 ($4.45 Mil) to Dec. 2022 ($4.03 Mil).


Organto Foods Accounts Payable & Accrued Expense Historical Data

The historical data trend for Organto Foods'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.

* Premium members only.

Organto Foods Accounts Payable & Accrued Expense Chart

Organto Foods Annual Data
Trend Sep13 Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 2.10 3.20 4.45 4.03

Organto Foods 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 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 3.88 4.03 5.14 5.72 4.27

Organto Foods 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.


Organto Foods (Organto Foods) Business Description

Traded in Other Exchanges
Address
1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9
Organto Foods Inc is an integrated provider of branded, private label and bulk distributed organic and non-GMO fruit and vegetable products using a strategic asset-light business model to serve a growing socially responsible and health-conscious consumer around the globe. The company provides various products including avocados, bananas, blueberries, mango, asparagus, ginger and fresh cut herbs amongst others, marketed in bulk and private label formats and under its signature I AM Organic and fresh Organic Choice branded product offerings. Organto's business model is rooted in its commitment to sustainable business practices focused on environmental responsibility and a commitment to the communities where it operates, its people and its shareholders.