GTII (Global Tech Industries Group) Accounts Payable: $1.02 Mil (As of Dec. 2023)


What is Global Tech Industries Group Accounts Payable?

Global Tech Industries Group GTII Accounts Payable is $1.02 Mil as of Dec. 2023.

Global Tech Industries Group's Accounts Payable for the quarter that ended in Dec. 2023 was $1.02 Mil.

Global Tech Industries Group's quarterly Accounts Payable declined from Jun. 2023 ($2.77 Mil) to Sep. 2023 ($2.21 Mil) and declined from Sep. 2023 ($2.21 Mil) to Dec. 2023 ($1.02 Mil).

Global Tech Industries Group's annual Accounts Payable increased from Dec. 2021 ($1.38 Mil) to Dec. 2022 ($2.50 Mil) but then declined from Dec. 2022 ($2.50 Mil) to Dec. 2023 ($1.02 Mil).

Global Tech Industries Group Accounts Payable Related Terms

Global Tech Industries Group Accounts Payable Historical Data

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The historical data trend for Global Tech Industries Group'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.

Global Tech Industries Group Accounts Payable Chart

Global Tech Industries Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.62 1.38 2.50 1.02

Global Tech Industries Group 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 2.50 2.68 2.77 2.21 1.02

Global Tech Industries Group 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 $1.02 Mil mean?
Global Tech Industries Group (GTII) has a Accounts Payable of $1.02 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 Global Tech Industries Group and its competitors.
Is Global Tech Industries Group's Accounts Payable too high?
Global Tech Industries Group's current Accounts Payable is $1.02 Mil.
How does Global Tech Industries Group's Accounts Payable compare to EFSH and SNTE?
Global Tech Industries Group's Accounts Payable of $1.02 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Accounts Payable depends on the Conglomerates 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 Global Tech Industries Group and its competitors. Global Tech Industries Group's current Accounts Payable is $1.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Tech Industries Group stock overvalued right now?
Global Tech Industries Group (GTII) has a current Accounts Payable of $1.02 Mil. The current Accounts Payable is $1.02 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 Global Tech Industries Group (GTII), the current Accounts Payable is $1.02 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.

Global Tech Industries Group Business Description

Address 511 Sixth Avenue, Suite 800, New York, NY, USA, 10011
Global Tech Industries Group Inc currently has no operations. It is seeking opportunities to utilize its intellectual properties and relationships with valued business associates.