FORZ (Forza Innovations) Accounts Payable & Accrued Expense: $0.49 Mil (As of Dec. 2023)

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What is Forza Innovations Accounts Payable & Accrued Expense?

Forza Innovations FORZ -99.00% Accounts Payable & Accrued Expense is $0.49 Mil as of Dec. 2023.

Forza Innovations's quarterly accounts payable & accrued expense increased from Jun. 2023 ($0.41 Mil) to Sep. 2023 ($0.44 Mil) and increased from Sep. 2023 ($0.44 Mil) to Dec. 2023 ($0.49 Mil).

Forza Innovations's annual accounts payable & accrued expense increased from Jun. 2021 ($0.15 Mil) to Jun. 2022 ($0.20 Mil) and increased from Jun. 2022 ($0.20 Mil) to Jun. 2023 ($0.41 Mil).

Forza Innovations Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Forza Innovations'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.

Forza Innovations Accounts Payable & Accrued Expense Chart

Forza Innovations Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 0.17 0.02 0.15 0.20 0.41

Forza Innovations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.29 0.33 0.41 0.44 0.49

Forza Innovations 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 $0.49 Mil mean?
Forza Innovations (FORZ) has a Accounts Payable & Accrued Expense of $0.49 Mil as of Dec. 2023. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Forza Innovations and its competitors.
Is Forza Innovations' Accounts Payable & Accrued Expense too high?
Forza Innovations' current Accounts Payable & Accrued Expense is $0.49 Mil.
How does Forza Innovations' Accounts Payable & Accrued Expense compare to USAQ and EMED?
Forza Innovations' Accounts Payable & Accrued Expense of $0.49 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Accounts Payable & Accrued Expense depends on the Medical Devices & Instruments 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 Forza Innovations and its competitors. Forza Innovations's current Accounts Payable & Accrued Expense is $0.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forza Innovations stock overvalued right now?
Forza Innovations (FORZ) has a current Accounts Payable & Accrued Expense of $0.49 Mil. The current Accounts Payable & Accrued Expense is $0.49 Mil. 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 Forza Innovations (FORZ), the current Accounts Payable & Accrued Expense is $0.49 Mil as of Dec. 2023. 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.

Forza Innovations Business Description

Address 406 9th Avenue, Suite 210, San Diego, CA, USA, 92101
Forza Innovations Inc is in the health-tech wearable performance business. The company has acquired all the ownership and rights to certain late developmental-stage products, including the J4 Sport, J4 X, and J4 Fitbelt. These products are wearable back compression devices, used to relax, warm up, loosen, or relax stiff & sore muscles. The therapeutic application of heat causes a change in the temperature of the soft tissues which decreases joint stiffness and relieves inflammation.