Alto Ingredients (FRA:FPR) Accounts Payable & Accrued Expense : €34 Mil (As of Mar. 2024)

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What is Alto Ingredients Accounts Payable & Accrued Expense?

Alto Ingredients's quarterly accounts payable & accrued expense declined from Sep. 2023 (€38 Mil) to Dec. 2023 (€38 Mil) and declined from Dec. 2023 (€38 Mil) to Mar. 2024 (€34 Mil).

Alto Ingredients's annual accounts payable & accrued expense increased from Dec. 2021 (€39 Mil) to Dec. 2022 (€52 Mil) but then declined from Dec. 2022 (€52 Mil) to Dec. 2023 (€38 Mil).

Alto Ingredients Accounts Payable & Accrued Expense Historical Data

The historical data trend for Alto Ingredients'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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Alto Ingredients Accounts Payable & Accrued Expense Chart

Alto Ingredients Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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46.45

19.85

39.43

51.61

37.56

Alto Ingredients Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															38.99	38.08	38.07	37.56	33.74

Alto Ingredients 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.

Alto Ingredients (FRA:FPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Alto Ingredients Inc (FRA:FPR) » Definitions » Accounts Payable & Accrued Expense

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ALTO:USA

Address

1300 South Second Street, Pekin, IL, USA, 61554

Website

https://www.altoingredients.com

Alto Ingredients Inc is a producer of specialty alcohols and essential ingredients. The company serves five markets: Health, Home and Beauty, Food and Beverage, Essential Ingredients, and Renewable Fuels. Its customers include major food and beverage companies and consumer products manufacturers and distributors. The company operates under three segments: Marketing and distribution, Pekin Campus production, and Other production. The Marketing and distribution segment participates in marketing and merchant trading for alcohols and essential ingredients; Pekin Campus produces and sells products produced at the company's Pekin, Illinois, campus, and about half of the firm's revenue flows from this segment. Other production makes and sells from the company's other production facilities.

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