First Foods Group (First Foods Group) Accounts Payable & Accrued Expense : $3.06 Mil (As of Sep. 2023)

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What is First Foods Group Accounts Payable & Accrued Expense?

First Foods Group's quarterly accounts payable & accrued expense increased from Mar. 2023 ($2.82 Mil) to Jun. 2023 ($2.90 Mil) and increased from Jun. 2023 ($2.90 Mil) to Sep. 2023 ($3.06 Mil).

First Foods Group's annual accounts payable & accrued expense increased from Dec. 2020 ($1.11 Mil) to Dec. 2021 ($1.79 Mil) and increased from Dec. 2021 ($1.79 Mil) to Dec. 2022 ($2.63 Mil).

First Foods Group Accounts Payable & Accrued Expense Historical Data

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

First Foods Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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0.32

0.75

1.11

1.79

2.63

First Foods Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.46	2.63	2.82	2.90	3.06

First Foods Group 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.

First Foods Group (First Foods Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » First Foods Group Inc (OTCPK:FIFG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Incorp Services, Inc, 3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 89169-6014

Website

https://www.firstfoodsgroup.com

First Foods Group Inc is a smaller reporting company focused on developing specialty chocolate product line and related IP through its Holy Cacao subsidiary. In addition, it is also involved in merchant cash advance participations. Key revenue is derived from merchant cash advance income. It is also involved in new health-related brands, concepts and products through FFGI Wholesaling Division and participating in merchant cash advances through First Foods Funding Division. The Company conducts business as two operating segments, First Foods and Holy Cacao.