Advance Equity Holding AD Sofia (XBUL:ADVE) Accounts Payable: лв4.64 Mil (As of Sep. 2019)

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What is Advance Equity Holding AD Sofia Accounts Payable?

Advance Equity Holding AD Sofia XBUL:ADVE Accounts Payable is лв4.64 Mil as of Sep. 2019.

Advance Equity Holding AD Sofia's Accounts Payable for the quarter that ended in Sep. 2019 was лв4.64 Mil.

Advance Equity Holding AD Sofia's quarterly Accounts Payable declined from Dec. 2018 (лв2.84 Mil) to Jun. 2019 (лв0.00 Mil) but then increased from Jun. 2019 (лв0.00 Mil) to Sep. 2019 (лв4.64 Mil).

Advance Equity Holding AD Sofia's annual Accounts Payable increased from Dec. 2016 (лв3.01 Mil) to Dec. 2017 (лв3.08 Mil) but then declined from Dec. 2017 (лв3.08 Mil) to Dec. 2018 (лв2.84 Mil).

Advance Equity Holding AD Sofia Accounts Payable Related Terms

Advance Equity Holding AD Sofia Accounts Payable Historical Data

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The historical data trend for Advance Equity Holding AD Sofia'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.

Advance Equity Holding AD Sofia Accounts Payable Chart

Advance Equity Holding AD Sofia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Payable
Get a 7-Day Free Trial 2.20 3.91 3.01 3.08 2.84

Advance Equity Holding AD Sofia Quarterly Data
Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Sep19
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 5.21 4.20 2.84 0.00 4.64

Advance Equity Holding AD Sofia 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 лв4.64 Mil mean?
Advance Equity Holding AD Sofia (XBUL:ADVE) has a Accounts Payable of лв4.64 Mil as of Sep. 2019. 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 Advance Equity Holding AD Sofia and its competitors.
Is Advance Equity Holding AD Sofia's Accounts Payable too high?
Advance Equity Holding AD Sofia's current Accounts Payable is лв4.64 Mil.
How does Advance Equity Holding AD Sofia's Accounts Payable compare to MILC?
Advance Equity Holding AD Sofia's Accounts Payable of лв4.64 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Accounts Payable depends on the Asset Management 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 Advance Equity Holding AD Sofia and its competitors. Advance Equity Holding AD Sofia's current Accounts Payable is лв4.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Equity Holding AD Sofia stock overvalued right now?
Advance Equity Holding AD Sofia (XBUL:ADVE) has a current Accounts Payable of лв4.64 Mil. The current Accounts Payable is лв4.64 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 Advance Equity Holding AD Sofia (XBUL:ADVE), the current Accounts Payable is лв4.64 Mil as of Sep. 2019. 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.

Advance Equity Holding AD Sofia Business Description

Address Boulevard Hristo Botev No. 57 6, Sofia, BGR, 1303
Advance Equity Holding AD Sofia is an investment company. The company focuses its investments on new start-up companies that have high growth potential.