High Liner Foods (High Liner Foods) Accounts Payable & Accrued Expense : $133 Mil (As of Dec. 2023)

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What is High Liner Foods Accounts Payable & Accrued Expense?

High Liner Foods's quarterly accounts payable & accrued expense declined from Jun. 2023 ($123 Mil) to Sep. 2023 ($115 Mil) but then increased from Sep. 2023 ($115 Mil) to Dec. 2023 ($133 Mil).

High Liner Foods's annual accounts payable & accrued expense increased from Dec. 2021 ($150 Mil) to Dec. 2022 ($173 Mil) but then declined from Dec. 2022 ($173 Mil) to Dec. 2023 ($133 Mil).

High Liner Foods Accounts Payable & Accrued Expense Historical Data

The historical data trend for High Liner 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.

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High Liner Foods Accounts Payable & Accrued Expense Chart

High Liner Foods Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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124.60

98.96

149.50

172.94

133.19

High Liner Foods Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															172.94	143.86	122.96	115.48	133.19

High Liner 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.

High Liner Foods (High Liner Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » High Liner Foods Inc (OTCPK:HLNFF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

28Y:Germany HLF:Canada

Address

100 Battery Point, P.O. Box 910, Lunenburg, NS, CAN, B0J 2C0

Website

https://www.highlinerfoods.com

High Liner Foods Inc is a Canadian company which is mainly engaged in the processing and marketing of prepared and packaged frozen seafood products. The company sells its products to institutions, health care facilities, and quick-service family and casual dining establishments. Its foodservice brands include High Liner Culinary, Mirabel, FPI, Viking, American Pride, High Liner, Fisher Boy, Sea Cuisine and others.