AMTY (Amerityre) Accounts Payable & Accrued Expense: $0.70 Mil (As of Jun. 2022)

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AMTY Amerityre Corp AMTY
12 GF Score
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What is Amerityre Accounts Payable & Accrued Expense?

Amerityre AMTY +2.94% 12 Accounts Payable & Accrued Expense is $0.70 Mil as of Jun. 2022. GuruFocus rates AMTY with a GF Score™ of 12/100.

Amerityre's quarterly accounts payable & accrued expense declined from Dec. 2021 ($0.68 Mil) to Mar. 2022 ($0.59 Mil) but then increased from Mar. 2022 ($0.59 Mil) to Jun. 2022 ($0.70 Mil).

Amerityre's annual accounts payable & accrued expense increased from Jun. 2020 ($0.69 Mil) to Jun. 2021 ($0.77 Mil) but then declined from Jun. 2021 ($0.77 Mil) to Jun. 2022 ($0.70 Mil).

Amerityre Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Amerityre'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.

Amerityre Accounts Payable & Accrued Expense Chart

Amerityre Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.65 0.69 0.77 0.70

Amerityre Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.77 0.71 0.68 0.59 0.70
AMTY
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Amerityre Corp AMTY
Accounts Payable & Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Amerityre 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.

What does a Accounts Payable & Accrued Expense of $0.70 Mil mean?
Amerityre (AMTY) has a Accounts Payable & Accrued Expense of $0.70 Mil as of Jun. 2022. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Amerityre and its competitors.
Is Amerityre's Accounts Payable & Accrued Expense too high?
Amerityre's current Accounts Payable & Accrued Expense is $0.70 Mil. Overall, Amerityre has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Amerityre's Accounts Payable & Accrued Expense compare to REII and UFAB?
Amerityre's Accounts Payable & Accrued Expense of $0.70 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for a Vehicles & Parts company?
A good Accounts Payable & Accrued Expense depends on the Vehicles & Parts industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Amerityre and its competitors. Amerityre's current Accounts Payable & Accrued Expense is $0.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amerityre stock overvalued right now?
Amerityre (AMTY) has a current Accounts Payable & Accrued Expense of $0.70 Mil. The current Accounts Payable & Accrued Expense is $0.70 Mil. Amerityre's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Amerityre (AMTY), the current Accounts Payable & Accrued Expense is $0.70 Mil as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Amerityre Business Description

Address 1501 Industrial Road, Boulder City, NV, USA, 89005
Amerityre Corp is engaged in the research and development, manufacturing, and sale of polyurethane tires. It has developed polyurethane formulations that allow for making products with superior performance characteristics in the areas of abrasion resistance, energy efficiency, and load-bearing capabilities, in comparison to conventional rubber tires. The company engages in the manufacturing, marketing, distribution, and sales of flat-free specialty tires and tire-wheel assemblies, and currently manufactures these tires.
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Accounts Payable & Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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