South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Accounts Payable & Accrued Expense : $11.73 Mil (As of Mar. 2024)

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What is South Dakota Soybean Processors LLC Accounts Payable & Accrued Expense?

South Dakota Soybean Processors LLC's quarterly accounts payable & accrued expense increased from Sep. 2023 ($8.35 Mil) to Dec. 2023 ($14.18 Mil) but then declined from Dec. 2023 ($14.18 Mil) to Mar. 2024 ($11.73 Mil).

South Dakota Soybean Processors LLC's annual accounts payable & accrued expense increased from Dec. 2021 ($6.31 Mil) to Dec. 2022 ($8.44 Mil) and increased from Dec. 2022 ($8.44 Mil) to Dec. 2023 ($14.18 Mil).

South Dakota Soybean Processors LLC Accounts Payable & Accrued Expense Historical Data

The historical data trend for South Dakota Soybean Processors LLC'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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South Dakota Soybean Processors LLC Accounts Payable & Accrued Expense Chart

South Dakota Soybean Processors LLC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

6.31

8.44

14.18

South Dakota Soybean Processors LLC Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						6.89	7.27	8.35	14.18	11.73

South Dakota Soybean Processors LLC 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.

South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » South Dakota Soybean Processors LLC (OTCPK:SDSYA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Caspian Avenue, PO Box 500, Volga, SD, USA, 57071

Website

https://www.sdsbp.com

South Dakota Soybean Processors LLC owns and operates a soybean processing plant and a soybean oil refinery. It is engaged in processing locally grown soybeans into soybean meal and soybean oil. The company offers the soybean meal to resellers, feed mills, and livestock producers as livestock feed. The Company principally generate revenue from merchandising and transporting manufactured agricultural products used as ingredients in food, feed, energy and industrial products. The Company generates most of its revenue by selling soybean meals in USA.

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