GSRX (GSRX Industries) Accounts Payable: $1.43 Mil (As of Sep. 2020)

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What is GSRX Industries Accounts Payable?

GSRX Industries GSRX Accounts Payable is $1.43 Mil as of Sep. 2020.

GSRX Industries's Accounts Payable for the quarter that ended in Sep. 2020 was $1.43 Mil.

GSRX Industries's quarterly Accounts Payable declined from Mar. 2020 ($1.05 Mil) to Jun. 2020 ($0.56 Mil) but then increased from Jun. 2020 ($0.56 Mil) to Sep. 2020 ($1.43 Mil).

GSRX Industries's annual Accounts Payable increased from Dec. 2017 ($0.22 Mil) to Dec. 2018 ($0.72 Mil) and increased from Dec. 2018 ($0.72 Mil) to Dec. 2019 ($0.88 Mil).

GSRX Industries Accounts Payable Related Terms

GSRX Industries Accounts Payable Historical Data

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The historical data trend for GSRX Industries'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.

GSRX Industries Accounts Payable Chart

GSRX Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.22 0.72 0.88

GSRX Industries Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 0.73 0.88 1.05 0.56 1.43

GSRX Industries 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 $1.43 Mil mean?
GSRX Industries (GSRX) has a Accounts Payable of $1.43 Mil as of Sep. 2020. 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 GSRX Industries and its competitors.
Is GSRX Industries' Accounts Payable too high?
GSRX Industries' current Accounts Payable is $1.43 Mil.
How does GSRX Industries' Accounts Payable compare to GENH and PHBI?
GSRX Industries' Accounts Payable of $1.43 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Accounts Payable depends on the Drug Manufacturers 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 GSRX Industries and its competitors. GSRX Industries's current Accounts Payable is $1.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSRX Industries stock overvalued right now?
GSRX Industries (GSRX) has a current Accounts Payable of $1.43 Mil. The current Accounts Payable is $1.43 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 GSRX Industries (GSRX), the current Accounts Payable is $1.43 Mil as of Sep. 2020. 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.

GSRX Industries Business Description

Address 5477 Nittany Valley Drive, Mill Hall, PA, USA, 17751
GSRX Industries Inc is in the business of operating retail cannabis dispensaries and is in the process of expanding its business to develop and operate Virtual Delivery Only Restaurant concepts.