BANT (Bantec) Accounts Payable: $2.26 Mil (As of Jun. 2024)


What is Bantec Accounts Payable?

Bantec BANT -99.00% Accounts Payable is $2.26 Mil as of Jun. 2024.

Bantec's Accounts Payable for the quarter that ended in Jun. 2024 was $2.26 Mil.

Bantec's quarterly Accounts Payable increased from Dec. 2023 ($2.34 Mil) to Mar. 2024 ($2.54 Mil) but then declined from Mar. 2024 ($2.54 Mil) to Jun. 2024 ($2.26 Mil).

Bantec's annual Accounts Payable increased from Sep. 2021 ($2.67 Mil) to Sep. 2022 ($2.73 Mil) but then declined from Sep. 2022 ($2.73 Mil) to Sep. 2023 ($2.22 Mil).

Bantec Accounts Payable Historical Data

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The historical data trend for Bantec'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.

Bantec Accounts Payable Chart

Bantec Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Payable
Get a 7-Day Free Trial 3.16 2.83 2.67 2.73 2.22

Bantec 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 2.67 2.22 2.34 2.54 2.26

Bantec 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 $2.26 Mil mean?
Bantec (BANT) has a Accounts Payable of $2.26 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 Bantec and its competitors.
Is Bantec's Accounts Payable too high?
Bantec's current Accounts Payable is $2.26 Mil.
How does Bantec's Accounts Payable compare to GE and RTX?
Bantec's Accounts Payable of $2.26 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Accounts Payable depends on the Aerospace & Defense 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 Bantec and its competitors. Bantec's current Accounts Payable is $2.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bantec stock overvalued right now?
Bantec (BANT) has a current Accounts Payable of $2.26 Mil. The current Accounts Payable is $2.26 Mil. 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 Bantec (BANT), the current Accounts Payable is $2.26 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.

Bantec Business Description

Address 37 Main Street, Sparta, NJ, USA, 07871
Bantec Inc along with its subsidiaries provides unmanned aerial vehicles (UAV) and related services. Principally, it is engaged in the business of research, design, development, testing, manufacturing, distribution, exportation, and integration of low-altitude UAV systems, services, and products. The company also provides procurement, distribution, and logistics services. It focuses on distributing, Drones and related services and Environmental/Construction products and services. The Company has operations based in Sparta, New Jersey and Vancouver, Washington.