Industrias Ales (QUI:IND) Accounts Payable & Accrued Expense : $44.51 Mil (As of Jun. 2022)

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What is Industrias Ales Accounts Payable & Accrued Expense?

Industrias Ales's quarterly accounts payable & accrued expense increased from Dec. 2020 ($37.22 Mil) to Jun. 2021 ($50.46 Mil) but then declined from Jun. 2021 ($50.46 Mil) to Jun. 2022 ($44.51 Mil).

Industrias Ales's annual accounts payable & accrued expense increased from Dec. 2018 ($43.36 Mil) to Dec. 2019 ($44.21 Mil) but then declined from Dec. 2019 ($44.21 Mil) to Dec. 2020 ($37.22 Mil).

Industrias Ales Accounts Payable & Accrued Expense Historical Data

The historical data trend for Industrias Ales'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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Industrias Ales Accounts Payable & Accrued Expense Chart

Industrias Ales Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

45.56

43.36

44.21

37.22

Industrias Ales Semi-Annual Data
	Jun14	Jun15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								44.21	50.36	37.22	50.46	44.51

Industrias Ales 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.

Industrias Ales (QUI:IND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Industrias Ales SA (QUI:IND) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av Galo Plaza N51-23, Quito, ECU

Website

https://www.ales.com.ec

Industrias Ales SA is an Ecuador-based Agroindustrial company. It is engaged in the manufacturing and marketing of food and cleaning products. The products category of the company include food, confits, Home care and personal care.

Industrias Ales (QUI:IND) Headlines

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