PTOI (Plastic2Oil) Accounts Payable: $1.88 Mil (As of Sep. 2019)


What is Plastic2Oil Accounts Payable?

Plastic2Oil PTOI Accounts Payable is $1.88 Mil as of Sep. 2019.

Plastic2Oil's Accounts Payable for the quarter that ended in Sep. 2019 was $1.88 Mil.

Plastic2Oil's quarterly Accounts Payable increased from Mar. 2019 ($1.85 Mil) to Jun. 2019 ($1.87 Mil) and increased from Jun. 2019 ($1.87 Mil) to Sep. 2019 ($1.88 Mil).

Plastic2Oil's annual Accounts Payable declined from Dec. 2016 ($2.04 Mil) to Dec. 2017 ($1.88 Mil) and declined from Dec. 2017 ($1.88 Mil) to Dec. 2018 ($1.85 Mil).

Plastic2Oil Accounts Payable Historical Data

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The historical data trend for Plastic2Oil'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.

Plastic2Oil Accounts Payable Chart

Plastic2Oil Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 1.86 2.04 1.88 1.85

Plastic2Oil Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 1.85 1.85 1.85 1.87 1.88

Plastic2Oil 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 $1.88 Mil mean?
Plastic2Oil (PTOI) has a Accounts Payable of $1.88 Mil as of Sep. 2019. 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 Plastic2Oil and its competitors.
Is Plastic2Oil's Accounts Payable too high?
Plastic2Oil's current Accounts Payable is $1.88 Mil.
How does Plastic2Oil's Accounts Payable compare to CREG and AWX?
Plastic2Oil's Accounts Payable of $1.88 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 Plastic2Oil and its competitors. Plastic2Oil's current Accounts Payable is $1.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plastic2Oil stock overvalued right now?
Plastic2Oil (PTOI) has a current Accounts Payable of $1.88 Mil. The current Accounts Payable is $1.88 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 Plastic2Oil (PTOI), the current Accounts Payable is $1.88 Mil as of Sep. 2019. 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.

Plastic2Oil Business Description

Address 20 Iroquois Street, Niagara Falls, NY, USA, 14303
Plastic2Oil Inc is a U.S based fuel company which engages in transforming unsorted and unwashed waste plastic into ultra-clean, ultra-low sulphur fuel without the need for refinement in the United States. The company uses waste plastic as feedstock to produce Fuel Oil No. 2, naphtha, and Fuel Oil No. 6 for various uses. The company also produces by-products, including an off-gas similar to natural gas and a petcoke carbon residue.