ELMSQ (Electric Last Mile Solutions) Accounts Payable: $7.76 Mil (As of Sep. 2021)


What is Electric Last Mile Solutions Accounts Payable?

Electric Last Mile Solutions ELMSQ +27.27% Accounts Payable is $7.76 Mil as of Sep. 2021.

Electric Last Mile Solutions's Accounts Payable for the quarter that ended in Sep. 2021 was $7.76 Mil.

Electric Last Mile Solutions's quarterly Accounts Payable increased from . 20 ($0.00 Mil) to Jun. 2021 ($7.08 Mil) and increased from Jun. 2021 ($7.08 Mil) to Sep. 2021 ($7.76 Mil).

Electric Last Mile Solutions Accounts Payable Related Terms

Electric Last Mile Solutions Accounts Payable Historical Data

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The historical data trend for Electric Last Mile Solutions'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.

Electric Last Mile Solutions Accounts Payable Chart

Electric Last Mile Solutions Annual Data
Trend
Accounts Payable

Electric Last Mile Solutions Quarterly Data
Jun21 Sep21
Accounts Payable 7.08 7.76

Electric Last Mile Solutions 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 $7.76 Mil mean?
Electric Last Mile Solutions (ELMSQ) has a Accounts Payable of $7.76 Mil as of Sep. 2021. 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 Electric Last Mile Solutions and its competitors.
Is Electric Last Mile Solutions' Accounts Payable too high?
Electric Last Mile Solutions' current Accounts Payable is $7.76 Mil.
How does Electric Last Mile Solutions' Accounts Payable compare to EVTV and AYRO?
Electric Last Mile Solutions' Accounts Payable of $7.76 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 Electric Last Mile Solutions and its competitors. Electric Last Mile Solutions's current Accounts Payable is $7.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electric Last Mile Solutions stock overvalued right now?
Electric Last Mile Solutions (ELMSQ) has a current Accounts Payable of $7.76 Mil. The current Accounts Payable is $7.76 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 Electric Last Mile Solutions (ELMSQ), the current Accounts Payable is $7.76 Mil as of Sep. 2021. 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.

Electric Last Mile Solutions Business Description

Address 1055 West Square Lake Road, Troy, MI, USA, 48098
Electric Last Mile Solutions Inc is focused on redefining the last mile with efficient, connected, and customizable solutions. Its first vehicle, the Urban Delivery, is anticipated to be the first Class 1 commercial electric vehicle in the U.S. market.