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Nate's Food Co (Nate's Food Co) Accounts Payable & Accrued Expense : $0.34 Mil (As of Nov. 2023)


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What is Nate's Food Co Accounts Payable & Accrued Expense?

Nate's Food Co's quarterly accounts payable & accrued expense increased from May. 2023 ($0.29 Mil) to Aug. 2023 ($0.33 Mil) and increased from Aug. 2023 ($0.33 Mil) to Nov. 2023 ($0.34 Mil).

Nate's Food Co's annual accounts payable & accrued expense declined from May. 2021 ($0.41 Mil) to May. 2022 ($0.15 Mil) but then increased from May. 2022 ($0.15 Mil) to May. 2023 ($0.29 Mil).

Nate's Food Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nate's Food Co'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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Nate's Food Co Accounts Payable & Accrued Expense Chart

Nate's Food Co Annual Data
Trend Jun10 May14 May15 May16 May17 May18 May20 May21 May22 May23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.39 0.41 0.15 0.29

Nate's Food Co Quarterly Data
May17 Aug17 Nov17 Feb18 May18 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Accounts Payable & Accrued Expense 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 0.24 0.25 0.29 0.33 0.34

Nate's Food Co 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.

Nate's Food Co (Nate's Food Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nate's Food Co (OTCPK:NHMD) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
15151 Springdale Street, Huntington Beach, CA, USA, 92649
Website
https://www.natesfoodco.com
Nate's Food Co is a food manufacturing and product company that manufactures, distributes, and sells ready-to-use, pre-mixed pancake and waffle batter. The Company is engaged in Bitcoin Mining which is the process by which Bitcoins are created resulting in new blocks being added to the blockchain and new Bitcoins being issued to the miners. The company sells its products across the United States to a variety of customers through its online store.
Executives
Marc Alan Kassoff director, 10 percent owner, officer: CFO 15061 SPRINGDALE, SUITE 113, HUNTINGTON BEACH CA 92649
Timothy Lynn Denton officer: Sec. 15061 SPRINGDALE, SUITE 113, HUNTINGTON BEACH CA 92649