KRT (Karat Packaging) Current Accrued Expense : $10.5 Mil (As of Dec. 2024)

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What is Karat Packaging Current Accrued Expense?

Karat Packaging's Current Accrued Expense for the quarter that ended in Dec. 2024 was $10.5 Mil.

Karat Packaging's quarterly Current Accrued Expense declined from Jun. 2024 ($11.5 Mil) to Sep. 2024 ($9.9 Mil) but then increased from Sep. 2024 ($9.9 Mil) to Dec. 2024 ($10.5 Mil).

Karat Packaging's annual Current Accrued Expense increased from Dec. 2022 ($6.3 Mil) to Dec. 2023 ($8.4 Mil) and increased from Dec. 2023 ($8.4 Mil) to Dec. 2024 ($10.5 Mil).

Karat Packaging Current Accrued Expense Historical Data

The historical data trend for Karat Packaging's Current 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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Karat Packaging Current Accrued Expense Chart

Karat Packaging Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Current Accrued Expense

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4.16

7.03

6.31

8.40

10.52

Karat Packaging Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Current Accrued Expense	Get a 7-Day Free Trial															8.40	9.01	11.46	9.94	10.52

Karat Packaging Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Karat Packaging Current Accrued Expense Related Terms

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Karat Packaging Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Karat Packaging Inc (NAS:KRT) » Definitions » Current Accrued Expense

Comparable Companies

PACK MYE TRS YHGJ MGIH DSS OCTO OI AMBP GEF IP SW PKG BALL AMCR AVY CCK TSX:CCL.A BERY GPK

Traded in Other Exchanges

N/A

Address

6185 Kimball Avenue, Chino, CA, USA, 91708

Website

https://www.karatpackaging.com

Karat Packaging Inc is engaged in the manufacturing and distribution of disposable products used in restaurants and food service settings. The company operates and evaluates its business as a single reportable segment which encompasses the manufacturing and distribution of a diverse range of single-use food and beverage service products made from materials such as plastic, paper, biopolymer-based, and other compostable forms. The company offers products for the foodservice industry, including food packaging, containers, tableware, cups, lids, cutlery, and straws. These products are available in plastic, paper, biopolymer-based and other compostable forms. Its product line includes a variety of brands such as Tea Zone, Karat, Karat Earth, and Total Clean.

Executives

Wang Joanne Tzu Jung	officer: Chief Operating Officer	6185 KIMBALL AVE., CHINO CA 91708
Daniel Quire	officer: Chief Revenue Officer	6185 KIMBALL AVENUE, CHINO CA 91708
Marvin Cheng	officer: VP-Manufacturing, Secy	6185 KIMBALL AVE., CHINO CA 91708
Alan Yu	director, 10 percent owner, officer: CEO and Chairman of the BOD	6185 KIMBALL AVE., CHINO CA 91708
Jian Guo	officer: Chief Financial Officer	6185 KIMBALL AVENUE, CHINO CA 91708
Eve Yen	director	4651 SCHAEFER AVENUE, CHINO CA 91710
Peter Lee	officer: Interim CFO	6185 KIMBALL AVENUE, CHINO CA 91708
Ann T Sabahat	officer: Chief Financial Officer	11 MUSICK, IRVINE CA 92618
Paul Y Chen	director	9660 FLAIR DR, STE 300, EL MONTE CA 91731
Eric K Chen	director	6330 SPRING MOUNTAIN RD, STE D, LAS VEGAS NV 89146