Bakkafrost P/F (OSL:BAKKA) Accounts Payable & Accrued Expense : kr1,220 Mil (As of Mar. 2024)

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What is Bakkafrost P/F Accounts Payable & Accrued Expense?

Bakkafrost P/F's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr1,376 Mil) to Dec. 2023 (kr923 Mil) but then increased from Dec. 2023 (kr923 Mil) to Mar. 2024 (kr1,220 Mil).

Bakkafrost P/F's annual accounts payable & accrued expense increased from Dec. 2021 (kr930 Mil) to Dec. 2022 (kr1,008 Mil) but then declined from Dec. 2022 (kr1,008 Mil) to Dec. 2023 (kr923 Mil).

Bakkafrost P/F Accounts Payable & Accrued Expense Historical Data

The historical data trend for Bakkafrost P/F'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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Bakkafrost P/F Accounts Payable & Accrued Expense Chart

Bakkafrost P/F Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,046.87

856.10

929.85

1,008.04

922.98

Bakkafrost P/F 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															1,225.09	1,148.39	1,375.66	922.98	1,219.63

Bakkafrost P/F 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.

Bakkafrost P/F (OSL:BAKKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bakkafrost P/F (OSL:BAKKA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

BKFKY:USA BKFKF:USA BAKKAO:Sweden BAKKAo:UK 0MQ2:UK 6BF:Germany

Address

Bakkavegur 9, P.O. Box 221, Glyvrar, FRO, FO-625

Website

https://www.bakkafrost.com

Bakkafrost P/F is a salmon producer based in the Faroe Islands. The company's activities include farming, harvesting, packaging, processing, and sales. The salmon products consist of whole salmon, frozen salmon portions, salmon heads, backbones, belly flaps, and salmon skin. Bakkafrost divides its operations into three segments. The fish farming segment involves the breeding, processing, sales, and distribution of salmon and contributes to the majority of the group revenue. The value-added products segment produces skinless and boneless portions of salmon. The fishmeal, oil and feed segment is engaged in the production and sale of fishmeal, fish oil and fish feed through Bakkafrost's subsidiary Havsbrun.

Bakkafrost P/F (OSL:BAKKA) Headlines

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