TRUK (Truck Hero) Accounts Payable: $21.57 Mil (As of Jun. 2015)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Truck Hero Accounts Payable?

Truck Hero TRUK Accounts Payable is $21.57 Mil as of Jun. 2015.

Truck Hero's Accounts Payable for the quarter that ended in Jun. 2015 was $21.57 Mil.

Truck Hero's quarterly Accounts Payable declined from Dec. 2013 ($4.84 Mil) to Jun. 2014 ($0.00 Mil) but then increased from Jun. 2014 ($0.00 Mil) to Jun. 2015 ($21.57 Mil).

Truck Hero's annual Accounts Payable increased from . 20 ($0.00 Mil) to Dec. 2013 ($4.84 Mil) and increased from Dec. 2013 ($4.84 Mil) to Dec. 2014 ($7.05 Mil).

Truck Hero Accounts Payable Historical Data

* Premium members only.

The historical data trend for Truck Hero'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.

Truck Hero Accounts Payable Chart

Truck Hero Annual Data
Trend Dec13 Dec14
Accounts Payable
4.84 7.05

Truck Hero Semi-Annual Data
Dec13 Jun14 Jun15
Accounts Payable 4.84 0.00 21.57

Truck Hero 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 $21.57 Mil mean?
Truck Hero (TRUK) has a Accounts Payable of $21.57 Mil as of Jun. 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 Truck Hero and its competitors.
Is Truck Hero's Accounts Payable too high?
Truck Hero's current Accounts Payable is $21.57 Mil.
How does Truck Hero's Accounts Payable compare to IMLE and PFTI?
Truck Hero's Accounts Payable of $21.57 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 Truck Hero and its competitors. Truck Hero's current Accounts Payable is $21.57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Truck Hero stock overvalued right now?
Truck Hero (TRUK) has a current Accounts Payable of $21.57 Mil. The current Accounts Payable is $21.57 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 Truck Hero (TRUK), the current Accounts Payable is $21.57 Mil as of Jun. 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.

Truck Hero Business Description

Truck Hero Inc was incorporated in Delaware in November 2007. The Company designs, manufactures and markets consumer accessories for pickup trucks. It offers a portfolio of branded and private label truck bed covers and accessories that include truck bed covers, truck caps, and bed liners custom-made fiberglass and aluminum truck caps and fiberglass truck bed covers to consumer and commercial markets and a line of retractable aluminum slat and hard-rolling truck bed covers, as well as bed rails and storage boxes. It also sells third party branded vehicle accessories online, which include floor mats, grill guards, steps, tool boxes, and towing product. The Company competes with the companies that manufacture and retail accessory and appearance products. It is subject to governmental laws and regulations.