PXHI (PhoneX Holdings) Accounts Payable: $1.84 Mil (As of Dec. 2018)

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What is PhoneX Holdings Accounts Payable?

PhoneX Holdings PXHI +1.64% Accounts Payable is $1.84 Mil as of Dec. 2018.

PhoneX Holdings's Accounts Payable for the quarter that ended in Dec. 2018 was $1.84 Mil.

PhoneX Holdings's quarterly Accounts Payable increased from Jun. 2018 ($2.68 Mil) to Sep. 2018 ($3.39 Mil) but then declined from Sep. 2018 ($3.39 Mil) to Dec. 2018 ($1.84 Mil).

PhoneX Holdings's annual Accounts Payable declined from Dec. 2016 ($4.33 Mil) to Dec. 2017 ($1.79 Mil) but then increased from Dec. 2017 ($1.79 Mil) to Dec. 2018 ($1.84 Mil).

PhoneX Holdings Accounts Payable Related Terms

PhoneX Holdings Accounts Payable Historical Data

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The historical data trend for PhoneX 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.

PhoneX Holdings Accounts Payable Chart

PhoneX Holdings 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 0.54 2.56 4.33 1.79 1.84

PhoneX Holdings Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 1.79 3.30 2.68 3.39 1.84

PhoneX 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 $1.84 Mil mean?
PhoneX Holdings (PXHI) has a Accounts Payable of $1.84 Mil as of Dec. 2018. 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 PhoneX Holdings and its competitors.
Is PhoneX Holdings' Accounts Payable too high?
PhoneX Holdings' current Accounts Payable is $1.84 Mil.
How does PhoneX Holdings' Accounts Payable compare to SMKC and TKAT?
PhoneX Holdings' Accounts Payable of $1.84 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Accounts Payable depends on the Retail - Cyclical 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 PhoneX Holdings and its competitors. PhoneX Holdings's current Accounts Payable is $1.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhoneX Holdings stock overvalued right now?
PhoneX Holdings (PXHI) has a current Accounts Payable of $1.84 Mil. The current Accounts Payable is $1.84 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 PhoneX Holdings (PXHI), the current Accounts Payable is $1.84 Mil as of Dec. 2018. 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.

PhoneX Holdings Business Description

Address 1422 South Tryon Street, Suite 02-123, Charlotte, NC, USA, 28203
PhoneX Holdings Inc is building the dominant cloud-based, software-as-a-service solution for the wholesale exchange of pre-owned mobile devices. The company works with mobile carriers and mobile handset distributors to facilitate commerce related to pre-owned mobile devices. It operates two distinct models Proprietary Trading Model, through which it purchases devices utilizing its balance sheet via its subsidiary Sell Cellular LLC, and the Platform Partnership Model, through which it enables its partners to license its software via its subsidiary. It generates revenue by licensing its software as a service to third parties.