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Borealis Foods (Borealis Foods) Accounts Payable & Accrued Expense : $3.50 Mil (As of Dec. 2023)


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What is Borealis Foods Accounts Payable & Accrued Expense?

Borealis Foods's quarterly accounts payable & accrued expense declined from Dec. 2021 ($14.19 Mil) to Dec. 2022 ($1.00 Mil) but then increased from Dec. 2022 ($1.00 Mil) to Dec. 2023 ($3.50 Mil).

Borealis Foods's annual accounts payable & accrued expense declined from Dec. 2021 ($14.19 Mil) to Dec. 2022 ($1.00 Mil) but then increased from Dec. 2022 ($1.00 Mil) to Dec. 2023 ($3.50 Mil).

Borealis Foods Accounts Payable & Accrued Expense Historical Data

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

Borealis Foods Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
14.19 1.00 3.50

Borealis Foods Semi-Annual Data
Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense 14.19 1.00 3.50

Borealis Foods 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.

Borealis Foods (Borealis Foods) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Borealis Foods Inc (NAS:BRLS) » Definitions » Accounts Payable & Accrued Expense
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Address
1540 Cornwall Road, Suite 104, Oakville, ON, CAN, L6J7W5
Website
https://www.borealisfoods.com
Borealis Foods Inc is a food technology company that has developed high-quality, affordable, sustainable, and nutritious ready-to-eat meals. It is a mission-driven company committed to utilizing its products to help solve national and global food security and nutrition challenges. Its commitment to nutrition, affordability and sustainability reflects its goal of positively impacting both human life and the planet. Through the development and launch of its ready-made ramen, featuring 20 grams of complete plant-based protein per serving, Borealis is developing advanced solutions to address global food challenges.

Borealis Foods (Borealis Foods) Headlines

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