FTWS (Flitways Technology) Accounts Payable: $0.68 Mil (As of Mar. 2019)


What is Flitways Technology Accounts Payable?

Flitways Technology FTWS -90.00% Accounts Payable is $0.68 Mil as of Mar. 2019.

Flitways Technology's Accounts Payable for the quarter that ended in Mar. 2019 was $0.68 Mil.

Flitways Technology's quarterly Accounts Payable declined from Sep. 2018 ($0.86 Mil) to Dec. 2018 ($0.67 Mil) but then increased from Dec. 2018 ($0.67 Mil) to Mar. 2019 ($0.68 Mil).

Flitways Technology's annual Accounts Payable increased from Dec. 2016 ($0.10 Mil) to Dec. 2017 ($0.73 Mil) but then declined from Dec. 2017 ($0.73 Mil) to Dec. 2018 ($0.67 Mil).

Flitways Technology Accounts Payable Related Terms

Flitways Technology Accounts Payable Historical Data

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The historical data trend for Flitways Technology'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.

Flitways Technology Accounts Payable Chart

Flitways Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Payable
Get a 7-Day Free Trial 0.00 0.04 0.10 0.73 0.67

Flitways Technology Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Sep19
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 0.84 0.86 0.67 0.68 0.43

Flitways Technology 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 $0.68 Mil mean?
Flitways Technology (FTWS) has a Accounts Payable of $0.68 Mil as of Mar. 2019. 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 Flitways Technology and its competitors.
Is Flitways Technology's Accounts Payable too high?
Flitways Technology's current Accounts Payable is $0.68 Mil.
How does Flitways Technology's Accounts Payable compare to MPAY and YPPN?
Flitways Technology's Accounts Payable of $0.68 Mil can be compared against companies in the Software 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 Software company?
A good Accounts Payable depends on the Software 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 Flitways Technology and its competitors. Flitways Technology's current Accounts Payable is $0.68 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flitways Technology stock overvalued right now?
Flitways Technology (FTWS) has a current Accounts Payable of $0.68 Mil. The current Accounts Payable is $0.68 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 Flitways Technology (FTWS), the current Accounts Payable is $0.68 Mil as of Mar. 2019. 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.

Flitways Technology Business Description

Address 600 Corporate Pointe, Suite 5500, Culver City, CA, USA, 90230
Flitways Technology Inc is engaged in the business of transportation. Its main mission is to provide both corporate enterprises and their employees and travel resellers and their customers with a complete offering of fully integrated ground transportation solutions for any budget or need. Further, the company has created a software platform to give customers enterprise suite and app-based booking, billing, expense management and real-time monitoring for a simple to use ground transportation offering. It has one operating segment that is on-demand transportation business.