Karat Packaging (Karat Packaging) Accounts Payable & Accrued Expense : $37.0 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Karat Packaging Accounts Payable & Accrued Expense?

Karat Packaging's quarterly accounts payable & accrued expense declined from Sep. 2023 ($38.0 Mil) to Dec. 2023 ($33.7 Mil) but then increased from Dec. 2023 ($33.7 Mil) to Mar. 2024 ($37.0 Mil).

Karat Packaging's annual accounts payable & accrued expense increased from Dec. 2021 ($27.6 Mil) to Dec. 2022 ($32.0 Mil) and increased from Dec. 2022 ($32.0 Mil) to Dec. 2023 ($33.7 Mil).

Karat Packaging Accounts Payable & Accrued Expense Historical Data

The historical data trend for Karat Packaging'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.

* Premium members only.

Karat Packaging Accounts Payable & Accrued Expense Chart

Karat Packaging Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

27.34

30.10

27.58

31.96

33.71

Karat Packaging 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															36.52	42.77	37.97	33.71	37.03

Karat Packaging 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.

Karat Packaging (Karat Packaging) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

0WJ:Germany

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. It 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.

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