QIND (Quality Industrial) Accounts Payable: $41.01 Mil (As of Jun. 2023)


What is Quality Industrial Accounts Payable?

Quality Industrial QIND -14.12% Accounts Payable is $41.01 Mil as of Jun. 2023.

Quality Industrial's Accounts Payable for the quarter that ended in Jun. 2023 was $41.01 Mil.

Quality Industrial's quarterly Accounts Payable increased from Dec. 2022 ($0.05 Mil) to Mar. 2023 ($38.92 Mil) and increased from Mar. 2023 ($38.92 Mil) to Jun. 2023 ($41.01 Mil).

Quality Industrial's annual Accounts Payable declined from Dec. 2020 ($0.14 Mil) to Dec. 2021 ($0.00 Mil) but then increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.05 Mil).

Quality Industrial Accounts Payable Related Terms

Quality Industrial Accounts Payable Historical Data

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The historical data trend for Quality Industrial'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.

Quality Industrial Accounts Payable Chart

Quality Industrial Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Accounts Payable
0.02 0.14 0.00 0.05

Quality Industrial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.02 33.14 0.05 38.92 41.01

Quality Industrial 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 $41.01 Mil mean?
Quality Industrial (QIND) has a Accounts Payable of $41.01 Mil as of Jun. 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 Quality Industrial and its competitors.
Is Quality Industrial's Accounts Payable too high?
Quality Industrial's current Accounts Payable is $41.01 Mil.
How does Quality Industrial's Accounts Payable compare to OPTT and AUSI?
Quality Industrial's Accounts Payable of $41.01 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Accounts Payable depends on the Industrial Products 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 Quality Industrial and its competitors. Quality Industrial's current Accounts Payable is $41.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality Industrial stock overvalued right now?
Quality Industrial (QIND) has a current Accounts Payable of $41.01 Mil. The current Accounts Payable is $41.01 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 Quality Industrial (QIND), the current Accounts Payable is $41.01 Mil as of Jun. 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.

Quality Industrial Business Description

Address 505 Montgomery Street, San Francisco, CA, USA, 94104
Quality Industrial Corp is engaged in the manufacture and assembly of industrial equipment and precision-engineered technology for the Industrial, Oil & Gas, and Utility sectors. Its services include consulting, designing, supplying, installing, and maintaining LPG systems, as well as the transportation and supply of LPG in both bulk and cylinder formats. The firm cater to a diverse range of clients, including commercial buildings, mixed-use apartment complexes, shopping centers, food courts, heavy industries, labor accommodations, catering units, commercial kitchens, and dining establishments.