Shift Technologies (STU:4GI0) Accounts Payable: €7.8 Mil (As of Jun. 2023)

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STU:4GI0 Shift Technologies Inc STU:4GI0
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What is Shift Technologies Accounts Payable?

Shift Technologies STU:4GI0 10 Accounts Payable is €7.8 Mil as of Jun. 2023. GuruFocus rates STU:4GI0 with a GF Score™ of 10/100.

Shift Technologies's Accounts Payable for the quarter that ended in Jun. 2023 was €7.8 Mil.

Shift Technologies's quarterly Accounts Payable increased from Dec. 2022 (€11.4 Mil) to Mar. 2023 (€13.3 Mil) but then declined from Mar. 2023 (€13.3 Mil) to Jun. 2023 (€7.8 Mil).

Shift Technologies's annual Accounts Payable increased from Dec. 2020 (€8.8 Mil) to Dec. 2021 (€13.4 Mil) but then declined from Dec. 2021 (€13.4 Mil) to Dec. 2022 (€11.4 Mil).

Shift Technologies Accounts Payable Related Terms

Shift Technologies Accounts Payable Historical Data

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The historical data trend for Shift 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.

Shift Technologies Accounts Payable Chart

Shift Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Accounts Payable
1.77 8.78 13.43 11.41

Shift Technologies Quarterly Data
Sep19 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 Premium Member Only 22.75 10.36 11.41 13.34 7.77
STU:4GI0
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Shift Technologies Inc STU:4GI0
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shift 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 €7.8 Mil mean?
Shift Technologies (STU:4GI0) has a Accounts Payable of €7.8 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 Shift Technologies and its competitors.
Is Shift Technologies' Accounts Payable too high?
Shift Technologies' current Accounts Payable is €7.8 Mil. Overall, Shift Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Shift Technologies' Accounts Payable compare to PREC and EICCF?
Shift Technologies' Accounts Payable of €7.8 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Accounts Payable depends on the Vehicles & Parts 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 Shift Technologies and its competitors. Shift Technologies's current Accounts Payable is €7.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shift Technologies stock overvalued right now?
Shift Technologies (STU:4GI0) has a current Accounts Payable of €7.8 Mil. The current Accounts Payable is €7.8 Mil. Shift Technologies' overall GF Score™ is 10/100. 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 Shift Technologies (STU:4GI0), the current Accounts Payable is €7.8 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.

Shift Technologies Business Description

Address 290 Division Street, Suite 400, San Francisco, CA, USA, 94103-4893
Shift Technologies Inc is an end-to-end auto e-commerce platform transforming the used car industry with a technology-driven, hassle-free customer experience. The company makes car purchase and ownership simple - making buying or selling a used car fun, fair, and accessible to everyone. It provides comprehensive, digital solutions throughout the car ownership lifecycle: finding the right car, having a test drive , a seamless digitally-driven purchase transaction including financing and vehicle protection products, an efficient, digital trade-in/sale transaction, and a vision to provide high-value support services during car ownership. It operates in two segments: Retail and Wholesale, of which the majority of its revenue comes from Retail.
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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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