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iFIT Health & Fitness (iFIT Health & Fitness) Accounts Payable & Accrued Expense : $119 Mil (As of May. 2020)


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What is iFIT Health & Fitness Accounts Payable & Accrued Expense?

iFIT Health & Fitness's quarterly accounts payable & accrued expense stayed the same from . 20 ($0 Mil) to May. 2019 ($0 Mil) but then increased from May. 2019 ($0 Mil) to May. 2020 ($119 Mil).

iFIT Health & Fitness's annual accounts payable & accrued expense increased from May. 2019 ($0 Mil) to May. 2020 ($119 Mil) and increased from May. 2020 ($119 Mil) to May. 2021 ($431 Mil).


iFIT Health & Fitness Accounts Payable & Accrued Expense Historical Data

The historical data trend for iFIT Health & Fitness'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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iFIT Health & Fitness Accounts Payable & Accrued Expense Chart

iFIT Health & Fitness Annual Data
Trend May19 May20 May21
Accounts Payable & Accrued Expense
- 118.81 431.48

iFIT Health & Fitness Quarterly Data
May19 May20 May21
Accounts Payable & Accrued Expense - 118.81 431.48

iFIT Health & Fitness 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.


iFIT Health & Fitness (iFIT Health & Fitness) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1500 South 1000 West, Logan, UT, USA, 84321
iFIT Health & Fitness Inc is a health and fitness subscription technology company. It is an integrated health and fitness platform, designed to connect proprietary software, experiential content, and interactive hardware to deliver an unmatched connected fitness experience. It has two segments. The Interactive Fitness Products segment, which is the key revenue driver, derives revenue from the sale of the treadmills, bikes, ellipticals, rowers, climbers, strength equipment, fitness mirrors, yoga equipment, and accessories. The Subscription segment derives revenue from iFIT subscriptions and the sale of extended warranties on the fitness equipment.

iFIT Health & Fitness (iFIT Health & Fitness) Headlines