TBLT (ToughBuilt Industries) Accounts Payable: $46.95 Mil (As of Dec. 2023)


TBLT ToughBuilt Industries Inc TBLT
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What is ToughBuilt Industries Accounts Payable?

ToughBuilt Industries TBLT 12 Accounts Payable is $46.95 Mil as of Dec. 2023. GuruFocus rates TBLT with a GF Score™ of 12/100.

ToughBuilt Industries's Accounts Payable for the quarter that ended in Dec. 2023 was $46.95 Mil.

ToughBuilt Industries's quarterly Accounts Payable increased from Jun. 2023 ($36.86 Mil) to Sep. 2023 ($41.09 Mil) and increased from Sep. 2023 ($41.09 Mil) to Dec. 2023 ($46.95 Mil).

ToughBuilt Industries's annual Accounts Payable increased from Dec. 2021 ($14.44 Mil) to Dec. 2022 ($28.57 Mil) and increased from Dec. 2022 ($28.57 Mil) to Dec. 2023 ($46.95 Mil).

ToughBuilt Industries Accounts Payable Related Terms

ToughBuilt Industries Accounts Payable Historical Data

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The historical data trend for ToughBuilt Industries'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.

ToughBuilt Industries Accounts Payable Chart

ToughBuilt Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable
Get a 7-Day Free Trial 2.54 6.96 14.44 28.57 46.95

ToughBuilt Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 28.57 34.98 36.86 41.09 46.95
TBLT
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ToughBuilt Industries Inc TBLT
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ToughBuilt Industries 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 $46.95 Mil mean?
ToughBuilt Industries (TBLT) has a Accounts Payable of $46.95 Mil as of Dec. 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 ToughBuilt Industries and its competitors.
Is ToughBuilt Industries' Accounts Payable too high?
ToughBuilt Industries' current Accounts Payable is $46.95 Mil. Overall, ToughBuilt Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does ToughBuilt Industries' Accounts Payable compare to CVR and SNA?
ToughBuilt Industries' Accounts Payable of $46.95 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 ToughBuilt Industries and its competitors. ToughBuilt Industries's current Accounts Payable is $46.95 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ToughBuilt Industries stock overvalued right now?
ToughBuilt Industries (TBLT) has a current Accounts Payable of $46.95 Mil. The current Accounts Payable is $46.95 Mil. ToughBuilt Industries' overall GF Score™ is 12/100. 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 ToughBuilt Industries (TBLT), the current Accounts Payable is $46.95 Mil as of Dec. 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.

ToughBuilt Industries Business Description

Address 8669 Research Drive, Irvine, CA, USA, 92618
ToughBuilt Industries Inc designs and distributes home improvement and construction product lines under the brand name TOUGHBUILT. Its primary categories contain a total of approximately 22 product lines, consisting of Soft Goods, which include kneepads, tool bags, pouches, and tool belts; Metal Goods, which consist of sawhorses, tool stands, and workbench and; Utility Products, which include utility knives, aviation snips, shears, lasers and levels. Geographically, the group derives revenue from Canada, Europe, USA, and other countries, of which prime revenue is derived from the USA.
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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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