Discontinued — last reported Q2 '22

Current Liabilities

Income Taxes Payable

The Kraft Heinz Company Income Taxes Payable decreased by 74.9% to $136.00M in Q4 2022 compared to the prior quarter. Over 2 years (FY 2020 to FY 2022), Income Taxes Payable shows an upward trend with a 9.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ3 2017
Last reportedQ2 2022

How to read this metric

An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.

Detailed definition

This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...

Peer comparison

Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.

Metric ID: income_taxes_payable

Historical Data

2 periods
 Q4 '21Q4 '22
Value$541.00M$136.00M
QoQ Change-74.9%
YoY Change-74.9%
Range$136.00M$541.00M
Avg YoY Growth-74.9%
Median YoY Growth-74.9%

Income Taxes Payable at Other Companies

Frequently Asked Questions

What is The Kraft Heinz Company's income taxes payable?
The Kraft Heinz Company (KHC) reported income taxes payable of $136.00M in Q4 2022.
What is the long-term trend for The Kraft Heinz Company's income taxes payable?
Over 2 years (2020 to 2022), The Kraft Heinz Company's income taxes payable has grown at a 9.2% compound annual growth rate (CAGR), from $114.00M to $136.00M.
What does income taxes payable mean?
The amount of income tax the company owes to government authorities for the current period.