MGP Ingredients MGPI Sales taxes payable
Sales taxes payable at other companies
Other financials
Where this comes from
Reported directly by MGP Ingredients in its filing.
Tagged under the XBRL concept us-gaap:SalesAndExciseTaxPayableCurrent.
The official record: MGP Ingredients’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
Ask your AI about MGP Ingredients's sales taxes payable.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude
Questions, answered.
- What is MGP Ingredients's sales taxes payable?
- MGP Ingredients (MGPI) reported sales taxes payable of $3.65M in Q1 2026.
- How has MGP Ingredients's sales taxes payable changed year-over-year?
- MGP Ingredients's sales taxes payable decreased by 30.5% year-over-year, from $5.26M to $3.65M.
- What is the long-term trend for MGP Ingredients's sales taxes payable?
- Over 5 years (2020 to 2025), MGP Ingredients's sales taxes payable has grown at a 121.9% compound annual growth rate (CAGR), from $107K to $5.76M.
- What does sales taxes payable mean?
- This represents the total amount of sales tax collected from customers on behalf of government taxing authorities that has not yet been remitted. It functions as a short-term liability that reflects the company's role as a collection agent for state and local jurisdictions. Monitoring this balance helps assess the timing of tax payments and potential short-term cash flow obligations.