GraceKennedy (TRN:GKC) Accounts Payable & Accrued Expense : TTD1,126 Mil (As of Mar. 2024)

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What is GraceKennedy Accounts Payable & Accrued Expense?

GraceKennedy's quarterly accounts payable & accrued expense declined from Sep. 2023 (TTD1,612 Mil) to Dec. 2023 (TTD766 Mil) but then increased from Dec. 2023 (TTD766 Mil) to Mar. 2024 (TTD1,126 Mil).

GraceKennedy's annual accounts payable & accrued expense declined from Dec. 2021 (TTD1,056 Mil) to Dec. 2022 (TTD761 Mil) but then increased from Dec. 2022 (TTD761 Mil) to Dec. 2023 (TTD766 Mil).

GraceKennedy Accounts Payable & Accrued Expense Historical Data

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

GraceKennedy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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779.30

642.29

1,056.00

760.88

766.01

GraceKennedy 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															1,346.92	1,453.51	1,612.13	766.01	1,125.65

GraceKennedy 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.

GraceKennedy (TRN:GKC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » GraceKennedy Ltd (TRN:GKC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GK:Jamaica

Address

42-56 Harbour Street, Kingston, JAM

Website

https://www.gracekennedy.com

GraceKennedy Ltd engages in the food and financial services business. The company has four reportable segments namely Food Trading, Banking and Investments, Insurance and Money Services. The food Trading segment includes the processing and distribution of food products. It generates maximum revenue from the Food Trading segment. Geographically, it derives the majority revenue from Jamaica and also has a presence in the United Kingdom, the United States of America, Canada, Other Caribbean countries, Other European countries, Africa and Other Countries.

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