AMMJ (American Cannabis Co) Accounts Payable: $1.18 Mil (As of Jun. 2024)


AMMJ American Cannabis Co Inc AMMJ
12 GF Score
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What is American Cannabis Co Accounts Payable?

American Cannabis Co AMMJ -14.29% 12 Accounts Payable is $1.18 Mil as of Jun. 2024. GuruFocus rates AMMJ with a GF Score™ of 12/100.

American Cannabis Co's Accounts Payable for the quarter that ended in Jun. 2024 was $1.18 Mil.

American Cannabis Co's quarterly Accounts Payable increased from Dec. 2023 ($1.01 Mil) to Mar. 2024 ($1.07 Mil) and increased from Mar. 2024 ($1.07 Mil) to Jun. 2024 ($1.18 Mil).

American Cannabis Co's annual Accounts Payable increased from Dec. 2021 ($0.24 Mil) to Dec. 2022 ($0.68 Mil) and increased from Dec. 2022 ($0.68 Mil) to Dec. 2023 ($1.01 Mil).


American Cannabis Co Accounts Payable Related Terms


American Cannabis Co Accounts Payable Historical Data

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The historical data trend for American Cannabis Co's Accounts Payable 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.

American Cannabis Co Accounts Payable Chart

American Cannabis Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.24 0.68 1.01

American Cannabis Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Accounts Payable 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 0.81 0.94 1.01 1.07 1.18
AMMJ
12GF Score
American Cannabis Co Inc AMMJ
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American Cannabis Co Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $1.18 Mil mean?
American Cannabis Co (AMMJ) has a Accounts Payable of $1.18 Mil as of Jun. 2024. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on American Cannabis Co and its competitors.
Is American Cannabis Co's Accounts Payable too high?
American Cannabis Co's current Accounts Payable is $1.18 Mil. Overall, American Cannabis Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does American Cannabis Co's Accounts Payable compare to CBDW and PM?
American Cannabis Co's Accounts Payable of $1.18 Mil can be compared against companies in the Tobacco Products 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 for a Tobacco Products company?
A good Accounts Payable depends on the Tobacco Products industry context. However, Accounts Payable 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 mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on American Cannabis Co and its competitors. American Cannabis Co's current Accounts Payable is $1.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Cannabis Co stock overvalued right now?
American Cannabis Co (AMMJ) has a current Accounts Payable of $1.18 Mil. The current Accounts Payable is $1.18 Mil. American Cannabis Co'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 calculated?
Accounts Payable is calculated from a company's financial statements. For American Cannabis Co (AMMJ), the current Accounts Payable is $1.18 Mil as of Jun. 2024. 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.

American Cannabis Co Business Description

Address 1004 Tejon Street, Colorado Springs, CO, USA, 80903
American Cannabis Co Inc is engaged in the cannabis industry that features end-to-end solutions for businesses operating in the regulated cannabis industry in states and countries where cannabis is regulated and/or has been decriminalized for medical use and/or legalized for recreational use. It provides advisory and consulting services specific to this industry, designs industry-specific products and facilities, and manages a strategic group partnership that offers both exclusive and non-exclusive customer products commonly used in the industry. It is a licensed operator of two medical cannabis dispensaries and a cannabis cultivation facility in Colorado Springs, CO.
12GF Score

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