FRTU (Fortun Holdings) Accounts Payable: $0.04 Mil (As of Sep. 2017)

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What is Fortun Holdings Accounts Payable?

Fortun Holdings FRTU Accounts Payable is $0.04 Mil as of Sep. 2017.

Fortun Holdings's Accounts Payable for the quarter that ended in Sep. 2017 was $0.04 Mil.

Fortun Holdings's quarterly Accounts Payable stayed the same from Mar. 2017 ($0.00 Mil) to Jun. 2017 ($0.00 Mil) but then increased from Jun. 2017 ($0.00 Mil) to Sep. 2017 ($0.04 Mil).

Fortun Holdings's annual Accounts Payable declined from Dec. 2014 ($0.00 Mil) to Dec. 2015 ($0.00 Mil) but then stayed the same from Dec. 2015 ($0.00 Mil) to Dec. 2016 ($0.00 Mil).

Fortun Holdings Accounts Payable Related Terms

Fortun Holdings Accounts Payable Historical Data

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The historical data trend for Fortun Holdings'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.

Fortun Holdings Accounts Payable Chart

Fortun Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16
Accounts Payable
0.00 0.00 0.00 0.00 0.00

Fortun Holdings Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.02 0.00 0.00 0.00 0.04

Fortun Holdings 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 $0.04 Mil mean?
Fortun Holdings (FRTU) has a Accounts Payable of $0.04 Mil as of Sep. 2017. 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 Fortun Holdings and its competitors.
Is Fortun Holdings' Accounts Payable too high?
Fortun Holdings' current Accounts Payable is $0.04 Mil.
How does Fortun Holdings' Accounts Payable compare to WSCC and HKEB?
Fortun Holdings' Accounts Payable of $0.04 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Accounts Payable depends on the Beverages - Alcoholic 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 Fortun Holdings and its competitors. Fortun Holdings's current Accounts Payable is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortun Holdings stock overvalued right now?
Fortun Holdings (FRTU) has a current Accounts Payable of $0.04 Mil. The current Accounts Payable is $0.04 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 Fortun Holdings (FRTU), the current Accounts Payable is $0.04 Mil as of Sep. 2017. 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.

Fortun Holdings Business Description

Address 1394 Coral Way, Miami, FL, USA, 33145
Fortun Holdings Corp, formerly Luminar Media Group Inc through its FortunCo subsidiary, is a pioneering fintech company specializing in financial solutions and is dedicated to serving underserved communities, particularly Latino and minority-owned enterprises. Fortun leverages cutting-edge data analytics, proprietary processes, and digital technology to provide fast, efficient, and tailored financial services. Committed to transparency and responsibility, Fortun ensures that underserved customers and businesses have access to the capital and liquidity needed to thrive in today's market.