RMHB (Rocky Mountain High Brands) Accounts Payable: $0.46 Mil (As of Jun. 2020)


What is Rocky Mountain High Brands Accounts Payable?

Rocky Mountain High Brands RMHB -10.00% Accounts Payable is $0.46 Mil as of Jun. 2020.

Rocky Mountain High Brands's Accounts Payable for the quarter that ended in Jun. 2020 was $0.46 Mil.

Rocky Mountain High Brands's quarterly Accounts Payable increased from Dec. 2019 ($0.44 Mil) to Mar. 2020 ($0.63 Mil) but then declined from Mar. 2020 ($0.63 Mil) to Jun. 2020 ($0.46 Mil).

Rocky Mountain High Brands's annual Accounts Payable increased from Jun. 2017 ($0.23 Mil) to Dec. 2018 ($0.31 Mil) and increased from Dec. 2018 ($0.31 Mil) to Dec. 2019 ($0.44 Mil).

Rocky Mountain High Brands Accounts Payable Related Terms

Rocky Mountain High Brands Accounts Payable Historical Data

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The historical data trend for Rocky Mountain High Brands'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.

Rocky Mountain High Brands Accounts Payable Chart

Rocky Mountain High Brands Annual Data
Trend Dec09 Jun10 Jun11 Jun12 Jun16 Jun17 Dec18 Dec19
Accounts Payable
Get a 7-Day Free Trial 0.06 0.13 0.23 0.31 0.44

Rocky Mountain High Brands Quarterly Data
Dec09 Jun10 Dec10 Jun11 Jun12 Jun16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 0.40 0.52 0.44 0.63 0.46

Rocky Mountain High Brands 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 $0.46 Mil mean?
Rocky Mountain High Brands (RMHB) has a Accounts Payable of $0.46 Mil as of Jun. 2020. 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 Rocky Mountain High Brands and its competitors.
Is Rocky Mountain High Brands' Accounts Payable too high?
Rocky Mountain High Brands' current Accounts Payable is $0.46 Mil.
How does Rocky Mountain High Brands' Accounts Payable compare to MOJO and CIRX?
Rocky Mountain High Brands' Accounts Payable of $0.46 Mil can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Accounts Payable depends on the Beverages - Non-Alcoholic 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 Rocky Mountain High Brands and its competitors. Rocky Mountain High Brands's current Accounts Payable is $0.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rocky Mountain High Brands stock overvalued right now?
Rocky Mountain High Brands (RMHB) has a current Accounts Payable of $0.46 Mil. The current Accounts Payable is $0.46 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 Rocky Mountain High Brands (RMHB), the current Accounts Payable is $0.46 Mil as of Jun. 2020. 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.

Rocky Mountain High Brands Business Description

Address 12150 Shiloh Road, Suite 120, Dallas, TX, USA, 75228
Rocky Mountain High Brands Inc is a Dallas-based consumer goods company that offers energy drinks. The company specializes in developing, manufacturing, marketing, and distributing high-quality, health-conscious, cannabidiol and hemp-infused products that span various categories including beverage, food, fitness, skincare, and more. The company delivers a fresh line of clean-label energy drinks supercharged with hempseed, guarana, ginseng, and pure beet sugar.