ELEK (Elektros) Accounts Payable: $0.09 Mil (As of Nov. 2018)


What is Elektros Accounts Payable?

Elektros ELEK +4.44% Accounts Payable is $0.09 Mil as of Nov. 2018.

Elektros's Accounts Payable for the quarter that ended in Nov. 2018 was $0.09 Mil.

Elektros's quarterly Accounts Payable declined from May. 2018 ($1.05 Mil) to Aug. 2018 ($0.08 Mil) but then increased from Aug. 2018 ($0.08 Mil) to Nov. 2018 ($0.09 Mil).

Elektros's annual Accounts Payable declined from May. 2016 ($1.25 Mil) to May. 2017 ($0.50 Mil) but then increased from May. 2017 ($0.50 Mil) to May. 2018 ($1.05 Mil).

Elektros Accounts Payable Historical Data

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The historical data trend for Elektros'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.

Elektros Accounts Payable Chart

Elektros Annual Data
Trend Apr12 May13 May14 May15 May16 May17 May18
Accounts Payable
Get a 7-Day Free Trial 0.00 0.00 1.25 0.50 1.05

Elektros Quarterly Data
Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18
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 1.23 1.11 1.05 0.08 0.09

Elektros 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 $0.09 Mil mean?
Elektros (ELEK) has a Accounts Payable of $0.09 Mil as of Nov. 2018. 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 Elektros and its competitors.
Is Elektros' Accounts Payable too high?
Elektros' current Accounts Payable is $0.09 Mil.
How does Elektros' Accounts Payable compare to CHRA and PGTK?
Elektros' Accounts Payable of $0.09 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 for a Vehicles & Parts company?
A good Accounts Payable depends on the Vehicles & Parts 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 Elektros and its competitors. Elektros's current Accounts Payable is $0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elektros stock overvalued right now?
Elektros (ELEK) has a current Accounts Payable of $0.09 Mil. The current Accounts Payable is $0.09 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 Elektros (ELEK), the current Accounts Payable is $0.09 Mil as of Nov. 2018. 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.

Elektros Business Description

Address 16950 North Bay Road, Suite 1803, Sunny Isles Beach, FL, USA, 33160
Elektros Inc is an American Electric Vehicle company that innovates mobility solutions for consumers and businesses.