ICNB (Iconic Brands) Accounts Payable: $5.70 Mil (As of Mar. 2023)


ICNB Iconic Brands Inc ICNB
12 GF Score
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What is Iconic Brands Accounts Payable?

Iconic Brands ICNB -99.00% 12 Accounts Payable is $5.70 Mil as of Mar. 2023. GuruFocus rates ICNB with a GF Score™ of 12/100.

Iconic Brands's Accounts Payable for the quarter that ended in Mar. 2023 was $5.70 Mil.

Iconic Brands's quarterly Accounts Payable increased from Sep. 2022 ($4.64 Mil) to Dec. 2022 ($5.11 Mil) and increased from Dec. 2022 ($5.11 Mil) to Mar. 2023 ($5.70 Mil).

Iconic Brands's annual Accounts Payable declined from Dec. 2020 ($1.44 Mil) to Dec. 2021 ($1.37 Mil) but then increased from Dec. 2021 ($1.37 Mil) to Dec. 2022 ($5.11 Mil).

Iconic Brands Accounts Payable Related Terms

Iconic Brands Accounts Payable Historical Data

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The historical data trend for Iconic Brands's Accounts Payable 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.

Iconic Brands Accounts Payable Chart

Iconic Brands Annual Data
Trend Dec12 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.74 1.44 1.37 5.11

Iconic Brands Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.38 4.48 4.64 5.11 5.70
ICNB
12GF Score
Iconic Brands Inc ICNB
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Iconic Brands Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $5.70 Mil mean?
Iconic Brands (ICNB) has a Accounts Payable of $5.70 Mil as of Mar. 2023. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Iconic Brands and its competitors.
Is Iconic Brands' Accounts Payable too high?
Iconic Brands' current Accounts Payable is $5.70 Mil. Overall, Iconic Brands has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Iconic Brands' Accounts Payable compare to STZ and BF.B?
Iconic Brands' Accounts Payable of $5.70 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Beverages - Alcoholic company?
A good Accounts Payable depends on the Beverages - Alcoholic industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Iconic Brands and its competitors. Iconic Brands's current Accounts Payable is $5.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iconic Brands stock overvalued right now?
Iconic Brands (ICNB) has a current Accounts Payable of $5.70 Mil. The current Accounts Payable is $5.70 Mil. Iconic Brands' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Iconic Brands (ICNB), the current Accounts Payable is $5.70 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Iconic Brands Business Description

Address 44 Seabro Avenue, Amityville, NY, USA, 11701
Iconic Brands Inc is engaged in the development and sale of alcohol and non-alcohol brands that are Better-for-You (BFY) and Better-for-the-Planet. The company's brands include Bellissima by Christie Brinkley, a premium BFY collection of Prosecco, Sparkling Wines, and Still Wines, all certified vegan and made with organic grapes. The Company has two reportable segments: the sale of branded alcoholic beverages segment includes the development and sale of alcohol and non-alcohol brands that are BFY and better-for-the-planet and the specialty packaging segment includes the packaging of low-calorie, ready-to-go products, RTF products, and RTD products in sustainable, flexible and stand-up pouch packaging.
12GF Score

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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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