FORZ (Forza Innovations) Accounts Payable: $0.11 Mil (As of Dec. 2023)


What is Forza Innovations Accounts Payable?

Forza Innovations FORZ -99.00% Accounts Payable is $0.11 Mil as of Dec. 2023.

Forza Innovations's Accounts Payable for the quarter that ended in Dec. 2023 was $0.11 Mil.

Forza Innovations's quarterly Accounts Payable declined from Jun. 2023 ($0.11 Mil) to Sep. 2023 ($0.11 Mil) but then increased from Sep. 2023 ($0.11 Mil) to Dec. 2023 ($0.11 Mil).

Forza Innovations's annual Accounts Payable increased from Jun. 2021 ($0.04 Mil) to Jun. 2022 ($0.05 Mil) and increased from Jun. 2022 ($0.05 Mil) to Jun. 2023 ($0.11 Mil).

Forza Innovations Accounts Payable Related Terms

Forza Innovations Accounts Payable Historical Data

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The historical data trend for Forza Innovations'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.

Forza Innovations Accounts Payable Chart

Forza Innovations Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable
Get a 7-Day Free Trial 0.03 0.00 0.04 0.05 0.11

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 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 0.12 0.11 0.11 0.11 0.11

Forza Innovations 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 $0.11 Mil mean?
Forza Innovations (FORZ) has a Accounts Payable of $0.11 Mil as of Dec. 2023. 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 Forza Innovations and its competitors.
Is Forza Innovations' Accounts Payable too high?
Forza Innovations' current Accounts Payable is $0.11 Mil.
How does Forza Innovations' Accounts Payable compare to USAQ and EMED?
Forza Innovations' Accounts Payable of $0.11 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 for a Medical Devices & Instruments company?
A good Accounts Payable depends on the Medical Devices & Instruments 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 Forza Innovations and its competitors. Forza Innovations's current Accounts Payable is $0.11 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 of $0.11 Mil. The current Accounts Payable is $0.11 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 Forza Innovations (FORZ), the current Accounts Payable is $0.11 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.