YGMZF (MingZhu Logistics Holdings) Accounts Payable: $6.19 Mil (As of Jun. 2025)

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What is MingZhu Logistics Holdings Accounts Payable?

MingZhu Logistics Holdings YGMZF -11.36% Accounts Payable is $6.19 Mil as of Jun. 2025. The stock has 7 warning signs investors should review.

MingZhu Logistics Holdings's Accounts Payable for the quarter that ended in Jun. 2025 was $6.19 Mil.

MingZhu Logistics Holdings's quarterly Accounts Payable declined from Jun. 2024 ($8.21 Mil) to Dec. 2024 ($4.55 Mil) but then increased from Dec. 2024 ($4.55 Mil) to Jun. 2025 ($6.19 Mil).

MingZhu Logistics Holdings's annual Accounts Payable increased from Dec. 2022 ($6.93 Mil) to Dec. 2023 ($18.43 Mil) but then declined from Dec. 2023 ($18.43 Mil) to Dec. 2024 ($4.55 Mil).

MingZhu Logistics Holdings Accounts Payable Related Terms

MingZhu Logistics Holdings Accounts Payable Historical Data

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The historical data trend for MingZhu Logistics Holdings'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.

MingZhu Logistics Holdings Accounts Payable Chart

MingZhu Logistics Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable
Get a 7-Day Free Trial 1.42 1.35 6.93 18.43 4.55

MingZhu Logistics Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 7.15 18.43 8.21 4.55 6.19

MingZhu Logistics Holdings 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 $6.19 Mil mean?
MingZhu Logistics Holdings (YGMZF) has a Accounts Payable of $6.19 Mil as of Jun. 2025. 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 MingZhu Logistics Holdings and its competitors.
Is MingZhu Logistics Holdings' Accounts Payable too high?
MingZhu Logistics Holdings' current Accounts Payable is $6.19 Mil.
How does MingZhu Logistics Holdings' Accounts Payable compare to ODFL and XPO?
MingZhu Logistics Holdings' Accounts Payable of $6.19 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Accounts Payable depends on the Transportation 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 MingZhu Logistics Holdings and its competitors. MingZhu Logistics Holdings's current Accounts Payable is $6.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MingZhu Logistics Holdings stock overvalued right now?
Based on GuruFocus' analysis, MingZhu Logistics Holdings (YGMZF) is currently considered Possible Value Trap. The stock's GF Value™ is $13.44, compared to a current price of $0.00 — trading 100% below its estimated fair value. The current Accounts Payable is $6.19 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 MingZhu Logistics Holdings (YGMZF), the current Accounts Payable is $6.19 Mil as of Jun. 2025. 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.

MingZhu Logistics Holdings Business Description

Address No. 3018 Shayan Road, 27th Floor, Yantian Modern Industry Service Center, Yantian District, Guangdong, Shenzhen, CHN, 518081
MingZhu Logistics Holdings Ltd is a Holding company. Its business activities include trucking services and car owner services. The segments of the company are the trucking business, car owner services business, and liquor distribution business.