RITT (RIT Technologies) Accounts Payable: $1.50 Mil (As of Sep. 2015)


What is RIT Technologies Accounts Payable?

RIT Technologies RITT Accounts Payable is $1.50 Mil as of Sep. 2015.

RIT Technologies's Accounts Payable for the quarter that ended in Sep. 2015 was $1.50 Mil.

RIT Technologies's quarterly Accounts Payable increased from Mar. 2015 ($1.16 Mil) to Jun. 2015 ($1.76 Mil) but then declined from Jun. 2015 ($1.76 Mil) to Sep. 2015 ($1.50 Mil).

RIT Technologies's annual Accounts Payable increased from Dec. 2012 ($1.23 Mil) to Dec. 2013 ($1.88 Mil) but then declined from Dec. 2013 ($1.88 Mil) to Dec. 2014 ($0.97 Mil).

RIT Technologies Accounts Payable Related Terms

RIT Technologies Accounts Payable Historical Data

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The historical data trend for RIT Technologies'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.

RIT Technologies Accounts Payable Chart

RIT Technologies Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 2.47 1.23 1.88 0.97

RIT Technologies Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.84 0.97 1.16 1.76 1.50

RIT Technologies 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 $1.50 Mil mean?
RIT Technologies (RITT) has a Accounts Payable of $1.50 Mil as of Sep. 2015. 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 RIT Technologies and its competitors.
Is RIT Technologies' Accounts Payable too high?
RIT Technologies' current Accounts Payable is $1.50 Mil.
How does RIT Technologies' Accounts Payable compare to OSAT and GTXO?
RIT Technologies' Accounts Payable of $1.50 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Accounts Payable depends on the Hardware 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 RIT Technologies and its competitors. RIT Technologies's current Accounts Payable is $1.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RIT Technologies stock overvalued right now?
RIT Technologies (RITT) has a current Accounts Payable of $1.50 Mil. The current Accounts Payable is $1.50 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 RIT Technologies (RITT), the current Accounts Payable is $1.50 Mil as of Sep. 2015. 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.

RIT Technologies Business Description

Address 24 Raoul Wallenberg Street, Tel Aviv, ISR, 69719
RIT Technologies Ltd provides Intelligent Infrastructure Management solutions and develops indoor optical wireless technology solutions. The company's products include PatchView that provides security and network utilization for data centers, communication rooms and work space environments; and Beamcaster that provides IWON technology solutions mainly for open-space offices. Its Intelligent Infrastructure Management solutions are deployed in various organizations including data centers in the private sector, government agencies, financial institutions, airport authorities, healthcare and education institutions.