MJWL (Majic Wheels) Accounts Payable: $0.03 Mil (As of Sep. 2012)

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What is Majic Wheels Accounts Payable?

Majic Wheels MJWL -99.00% Accounts Payable is $0.03 Mil as of Sep. 2012.

Majic Wheels's Accounts Payable for the quarter that ended in Sep. 2012 was $0.03 Mil.

Majic Wheels's quarterly Accounts Payable declined from Dec. 2011 ($0.03 Mil) to Jun. 2012 ($0.01 Mil) but then increased from Jun. 2012 ($0.01 Mil) to Sep. 2012 ($0.03 Mil).

Majic Wheels's annual Accounts Payable declined from Dec. 2009 ($0.00 Mil) to Dec. 2010 ($0.00 Mil) but then increased from Dec. 2010 ($0.00 Mil) to Dec. 2011 ($0.03 Mil).

Majic Wheels Accounts Payable Historical Data

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The historical data trend for Majic Wheels'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.

Majic Wheels Accounts Payable Chart

Majic Wheels Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Payable
0.00 0.06 0.00 0.00 0.03

Majic Wheels Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Jun12 Sep12
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 0.00 0.00 0.03 0.01 0.03

Majic Wheels 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 $0.03 Mil mean?
Majic Wheels (MJWL) has a Accounts Payable of $0.03 Mil as of Sep. 2012. 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 Majic Wheels and its competitors.
Is Majic Wheels' Accounts Payable too high?
Majic Wheels' current Accounts Payable is $0.03 Mil.
How does Majic Wheels' Accounts Payable compare to HGGGQ and EFTB?
Majic Wheels' Accounts Payable of $0.03 Mil can be compared against companies in the Waste 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 a Waste Management company?
A good Accounts Payable depends on the Waste 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 Majic Wheels and its competitors. Majic Wheels's current Accounts Payable is $0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majic Wheels stock overvalued right now?
Majic Wheels (MJWL) has a current Accounts Payable of $0.03 Mil. The current Accounts Payable is $0.03 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 Majic Wheels (MJWL), the current Accounts Payable is $0.03 Mil as of Sep. 2012. 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.

Majic Wheels Business Description

Address 2401 Fountain View Drive, Suite 312, Houston, TX, USA, 77057
Majic Wheels Corp is engaged in waste management business engaged in junk removal, trash hauling, recycling, commercial and residential construction clean-up and demolition business.