IPTK (AS-IP Tech) Accounts Payable: $0.02 Mil (As of Mar. 2023)


What is AS-IP Tech Accounts Payable?

AS-IP Tech IPTK Accounts Payable is $0.02 Mil as of Mar. 2023.

AS-IP Tech's Accounts Payable for the quarter that ended in Mar. 2023 was $0.02 Mil.

AS-IP Tech's quarterly Accounts Payable increased from Sep. 2022 ($0.01 Mil) to Dec. 2022 ($0.02 Mil) but then stayed the same from Dec. 2022 ($0.02 Mil) to Mar. 2023 ($0.02 Mil).

AS-IP Tech's annual Accounts Payable declined from Jun. 2020 ($0.18 Mil) to Jun. 2021 ($0.01 Mil) but then increased from Jun. 2021 ($0.01 Mil) to Jun. 2022 ($0.01 Mil).

AS-IP Tech Accounts Payable Historical Data

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The historical data trend for AS-IP Tech'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.

AS-IP Tech Accounts Payable Chart

AS-IP Tech Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.06 0.18 0.01 0.01

AS-IP Tech Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.01 0.01 0.01 0.02 0.02

AS-IP Tech 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 $0.02 Mil mean?
AS-IP Tech (IPTK) has a Accounts Payable of $0.02 Mil as of Mar. 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 AS-IP Tech and its competitors.
Is AS-IP Tech's Accounts Payable too high?
AS-IP Tech's current Accounts Payable is $0.02 Mil.
How does AS-IP Tech's Accounts Payable compare to TCCO and MLRT?
AS-IP Tech's Accounts Payable of $0.02 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Accounts Payable depends on the Hardware 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 AS-IP Tech and its competitors. AS-IP Tech's current Accounts Payable is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AS-IP Tech stock overvalued right now?
AS-IP Tech (IPTK) has a current Accounts Payable of $0.02 Mil. The current Accounts Payable is $0.02 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 AS-IP Tech (IPTK), the current Accounts Payable is $0.02 Mil as of Mar. 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.

AS-IP Tech Business Description

Address 1/15 Castles Drive, Torquay, VIC, AUS, 3228
AS-IP Tech Inc is engaged in creating in-flight connectivity systems that utilize Bluetooth Smart technology as a low-cost alternative to the traditionally expensive Wi-Fi platform. The company's technology consists of two products BizjetMobile and fflya. BizjetMobile provides corporate jets with an alternative inflight connectivity solution and is marketed under the brand names CHiiMP and BizjetInternet. These are mobile apps that deliver optimized inflight text and email for passengers and crew; and fflya provides airlines with an inflight connectivity approach based on the latest mobile app technology, narrowband satellite links, and BlueTooth technology. The fflya platform reduces the installation, certification and equipment costs by up to 90% compared to inflight broadband.