IGOT (Fomo Worldwide) Accounts Payable: $1.40 Mil (As of Mar. 2024)


What is Fomo Worldwide Accounts Payable?

Fomo Worldwide IGOT Accounts Payable is $1.40 Mil as of Mar. 2024.

Fomo Worldwide's Accounts Payable for the quarter that ended in Mar. 2024 was $1.40 Mil.

Fomo Worldwide's quarterly Accounts Payable increased from Sep. 2023 ($1.41 Mil) to Dec. 2023 ($1.44 Mil) but then declined from Dec. 2023 ($1.44 Mil) to Mar. 2024 ($1.40 Mil).

Fomo Worldwide's annual Accounts Payable increased from Dec. 2021 ($0.04 Mil) to Dec. 2022 ($1.66 Mil) but then declined from Dec. 2022 ($1.66 Mil) to Dec. 2023 ($1.44 Mil).

Fomo Worldwide Accounts Payable Related Terms

Fomo Worldwide Accounts Payable Historical Data

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The historical data trend for Fomo Worldwide'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.

Fomo Worldwide Accounts Payable Chart

Fomo Worldwide 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 0.01 0.06 0.04 1.66 1.44

Fomo Worldwide Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.26 1.42 1.41 1.44 1.40

Fomo Worldwide 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 $1.40 Mil mean?
Fomo Worldwide (IGOT) has a Accounts Payable of $1.40 Mil as of Mar. 2024. 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 Fomo Worldwide and its competitors.
Is Fomo Worldwide's Accounts Payable too high?
Fomo Worldwide's current Accounts Payable is $1.40 Mil.
How does Fomo Worldwide's Accounts Payable compare to TNRG and BLK?
Fomo Worldwide's Accounts Payable of $1.40 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Accounts Payable depends on the Asset Management 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 Fomo Worldwide and its competitors. Fomo Worldwide's current Accounts Payable is $1.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fomo Worldwide stock overvalued right now?
Fomo Worldwide (IGOT) has a current Accounts Payable of $1.40 Mil. The current Accounts Payable is $1.40 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 Fomo Worldwide (IGOT), the current Accounts Payable is $1.40 Mil as of Mar. 2024. 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.

Fomo Worldwide Business Description

Address 625 Stanwix Street, Suite 2504, Pittsburgh, PA, USA, 15222
Fomo Worldwide Inc is focused on business incubation and acceleration. It invests in and advises emerging companies. The company is developing direct investment and affiliations, the majority- and minority-owned, as well as in joint venture formats that afford emerging companies access to the public markets for expansion capital as well as spin-out options to become their own stand-alone public companies.