MJNE (MJ Holdings) Accounts Payable: $1.19 Mil (As of Sep. 2023)


What is MJ Holdings Accounts Payable?

MJ Holdings MJNE Accounts Payable is $1.19 Mil as of Sep. 2023.

MJ Holdings's Accounts Payable for the quarter that ended in Sep. 2023 was $1.19 Mil.

MJ Holdings's quarterly Accounts Payable increased from Mar. 2023 ($0.74 Mil) to Jun. 2023 ($0.84 Mil) and increased from Jun. 2023 ($0.84 Mil) to Sep. 2023 ($1.19 Mil).

MJ Holdings's annual Accounts Payable declined from Dec. 2020 ($2.38 Mil) to Dec. 2021 ($1.75 Mil) and declined from Dec. 2021 ($1.75 Mil) to Dec. 2022 ($1.31 Mil).

MJ Holdings Accounts Payable Historical Data

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The historical data trend for MJ Holdings'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.

MJ Holdings Accounts Payable Chart

MJ Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.38 1.75 1.31

MJ Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2.15 1.31 0.74 0.84 1.19

MJ Holdings 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 $1.19 Mil mean?
MJ Holdings (MJNE) has a Accounts Payable of $1.19 Mil as of Sep. 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 MJ Holdings and its competitors.
Is MJ Holdings' Accounts Payable too high?
MJ Holdings' current Accounts Payable is $1.19 Mil.
How does MJ Holdings' Accounts Payable compare to CPHI and KGKG?
MJ Holdings' Accounts Payable of $1.19 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 MJ Holdings and its competitors. MJ Holdings's current Accounts Payable is $1.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MJ Holdings stock overvalued right now?
MJ Holdings (MJNE) has a current Accounts Payable of $1.19 Mil. The current Accounts Payable is $1.19 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 MJ Holdings (MJNE), the current Accounts Payable is $1.19 Mil as of Sep. 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.

MJ Holdings Business Description

Address 5730 Sky Pointe Dr., Suite 102, Las Vegas, NV, USA, 89130
MJ Holdings Inc engages in the provision of consulting and operating services to the regulated cannabis industry. It provides a full spectrum of infrastructure, cultivation management, production management, distribution consulting, and operating services to cultivation and production operators.