VFRM (Veritas Farms) Accounts Payable: $1.65 Mil (As of Sep. 2023)

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.

VFRM Veritas Farms Inc VFRM
12 GF Score
Price $0.00
View Full Analysis

What is Veritas Farms Accounts Payable?

Veritas Farms VFRM 12 Accounts Payable is $1.65 Mil as of Sep. 2023. GuruFocus rates VFRM with a GF Score™ of 12/100.

Veritas Farms's Accounts Payable for the quarter that ended in Sep. 2023 was $1.65 Mil.

Veritas Farms's quarterly Accounts Payable declined from Mar. 2023 ($1.24 Mil) to Jun. 2023 ($1.23 Mil) but then increased from Jun. 2023 ($1.23 Mil) to Sep. 2023 ($1.65 Mil).

Veritas Farms's annual Accounts Payable declined from Dec. 2020 ($2.02 Mil) to Dec. 2021 ($1.42 Mil) and declined from Dec. 2021 ($1.42 Mil) to Dec. 2022 ($1.25 Mil).

Veritas Farms Accounts Payable Related Terms

Veritas Farms Accounts Payable Historical Data

* Premium members only.

The historical data trend for Veritas Farms'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.

Veritas Farms Accounts Payable Chart

Veritas Farms Annual Data
Trend Jan16 Jan17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable
Get a 7-Day Free Trial 0.19 1.57 2.02 1.42 1.25

Veritas Farms Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.27 1.25 1.24 1.23 1.65
VFRM
12GF Score
Veritas Farms Inc VFRM
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veritas Farms 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 $1.65 Mil mean?
Veritas Farms (VFRM) has a Accounts Payable of $1.65 Mil as of Sep. 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 Veritas Farms and its competitors.
Is Veritas Farms' Accounts Payable too high?
Veritas Farms' current Accounts Payable is $1.65 Mil. Overall, Veritas Farms has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Veritas Farms' Accounts Payable compare to STMH and NXEN?
Veritas Farms' Accounts Payable of $1.65 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Accounts Payable depends on the Drug Manufacturers 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 Veritas Farms and its competitors. Veritas Farms's current Accounts Payable is $1.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veritas Farms stock overvalued right now?
Veritas Farms (VFRM) has a current Accounts Payable of $1.65 Mil. The current Accounts Payable is $1.65 Mil. Veritas Farms' 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 Veritas Farms (VFRM), the current Accounts Payable is $1.65 Mil as of Sep. 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.

Veritas Farms Business Description

Address 401 E. Las Olas Boulevard, Suite 1400, Fort Lauderdale, FL, USA, 33001
Veritas Farms Inc is engaged in producing natural rich-hemp products, using strict natural protocols and materials yielding broad spectrum phytocannabinoid rich hemp oils, distillates and isolates. Its products include Full Spectrum CBD Tincture, Full Spectrum CBD Salve, Full Spectrum CBD Capsules, Full Spectrum CBD Lotion and Others.
12GF Score

Get the complete analysis for VFRM

Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price